Result of AGM

19 JULY 2013

NORTHERN 2 VCT PLC

RESULT OF ANNUAL GENERAL MEETING

Northern 2 VCT PLC ("the Company") announces that at the annual general meeting held on 19 July 2013 all of the resolutions set out in the notice of meeting were duly passed by shareholders.

The resolutions included those to re-elect as directors Mr A M Conn, Mr E M P Denny, Mr C G A Fletcher, Mr F L G Neale and Mr D P A Gravells.

In accordance with the Disclosure Rules and Transparency Rules, a copy of the resolutions proposed and passed (including the resolution which amended the Company's  articles of association and a copy of the amended articles of association)have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM and is also available on the NVM Private Equity website at: www.nvm.co.uk/n2vctagm2013.

Details of proxy voting on the resolutions put to shareholders at the annual general meeting are as follows:

Number	Resolution	For	Discretionary	Against	Vote withheld
1	To receive the financial statements for the year ended 31 March 2013	9,705,675	302,095	0	0
2	To declare a final dividend of 3.5p per share in respect of the year ended 31 March 2013	9,705,675	302,095	0	0
3	To approve the directors' remuneration report in respect of the year ended 31 March 2013	8,975,348	339,413	352,477	340,532
4	To re-elect Mr A M Conn as a director	9,410,284	344,413	109,872	143,201
5	To re-elect Mr E M P Denny as a director	9,095,005	394,413	356,928	161,424
6	To re-elect Mr C G A Fletcher as a director	9,378,542	411,357	116,473	101,398
7	To re-elect Mr F L G Neale as a director	9,442,987	351,330	112,055	101,398
8	To re-elect Mr D P A Gravells as a director	9,458,763	344,413	42,850	161,744
9	To appoint KPMG LLP as independent auditor	9,391,320	314,528	151,143	150,779
10	To authorise the directors to fix the remuneration of the independent auditor	9,625,257	314,528	31,865	36,120
11	To authorise the directors to allot shares pursuant to Section 551 of the Companies Act 2006	9,493,483	314,528	166,692	33,067
12	To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares	9,293,274	329,835	240,176	144,485
13	To authorise the Company to make market purchases of ordinary shares in accordance with Section 701 of the Companies Act 2006	9,595,599	314,528	82,113	15,530
14	To amend the articles of association of the Company	9,299,790	384,065	159,344	167,571

Enquiries:

Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191 244 6000
Website:  www.nvm.co.uk

Neither the contents of the NVM Private Equity Limited website nor the contents of any website accessible from hyperlinks on the NVM Private Equity Limited website (or any other website) is incorporated into, or forms part of, this announcement.

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Source: Northern 2 VCT PLC via Thomson Reuters ONE

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