AGM Statement

NORTHERN 3 VCT PLC ("The Company")

RESULT OF ANNUAL GENERAL MEETING

The Company announces that at the annual general meeting held on 2
July 2009 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 James
Ferguson Fleetwood and Mr Tim Levett.

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


+-------------------------------------------------------------------+
| Number | Resolution   | For       | Discret- | Against | Vote     |
|        |              |           | ionary   |         | Withheld |
|--------+--------------+-----------+----------+---------+----------|
| 1      | To receive   | 1,441,368 | 29,607   | Nil     | 3,090    |
|        | the          |           |          |         |          |
|        | financial    |           |          |         |          |
|        | statements   |           |          |         |          |
|        | for the year |           |          |         |          |
|        | ended        |           |          |         |          |
|        | 31 March     |           |          |         |          |
|        | 2009         |           |          |         |          |
|--------+--------------+-----------+----------+---------+----------|
| 2      | To declare a | 1,444,458 | 29,607   |     Nil |      Nil |
|        | final        |           |          |         |          |
|        | dividend of  |           |          |         |          |
|        | 2.0p per     |           |          |         |          |
|        | share in     |           |          |         |          |
|        | respect of   |           |          |         |          |
|        | the year     |           |          |         |          |
|        | ended        |           |          |         |          |
|        | 31 March     |           |          |         |          |
|        | 2009         |           |          |         |          |
|--------+--------------+-----------+----------+---------+----------|
| 3      | To approve   | 1,299,594 | 58,232   |  40,001 |   76,238 |
|        | the          |           |          |         |          |
|        | directors'   |           |          |         |          |
|        | remuneration |           |          |         |          |
|        | report in    |           |          |         |          |
|        | respect of   |           |          |         |          |
|        | the year     |           |          |         |          |
|        | ended        |           |          |         |          |
|        | 31 March     |           |          |         |          |
|        | 2009         |           |          |         |          |
|--------+--------------+-----------+----------+---------+----------|
| 4      | To re-elect  | 1,273,862 | 60,232   |  13,430 |  126,541 |
|        | Mr J G D     |           |          |         |          |
|        | Ferguson as  |           |          |         |          |
|        | a director   |           |          |         |          |
|--------+--------------+-----------+----------+---------+----------|
| 5      | To re-elect  | 1,359,478 | 60,232   |  30,614 |   23,741 |
|        | Mr T R       |           |          |         |          |
|        | Levett as a  |           |          |         |          |
|        | director     |           |          |         |          |
|--------+--------------+-----------+----------+---------+----------|
| 6      | To reappoint | 1,358,644 | 67,209   |  13,371 |   34,841 |
|        | KPMG Audit   |           |          |         |          |
|        | Plc as       |           |          |         |          |
|        | independent  |           |          |         |          |
|        | auditors     |           |          |         |          |
|--------+--------------+-----------+----------+---------+----------|
| 7      | To authorise | 1,381,655 | 55,232   |   4,041 |   33,137 |
|        | the          |           |          |         |          |
|        | directors to |           |          |         |          |
|        | fix the      |           |          |         |          |
|        | remuneration |           |          |         |          |
|        | of the       |           |          |         |          |
|        | independent  |           |          |         |          |
|        | auditors     |           |          |         |          |
|--------+--------------+-----------+----------+---------+----------|
| 8      | To authorise | 1,402,595 | 32,697   |  38,773 |      Nil |
|        | the          |           |          |         |          |
|        | directors to |           |          |         |          |
|        | allot shares |           |          |         |          |
|        | pursuant to  |           |          |         |          |
|        | Section 80   |           |          |         |          |
|        | of the       |           |          |         |          |
|        | Companies    |           |          |         |          |
|        | Act 1985     |           |          |         |          |
|--------+--------------+-----------+----------+---------+----------|
| 9      | To disapply  | 1,374,217 | 39,674   |  53,992 |    6,182 |
|        | Section 89   |           |          |         |          |
|        | of the       |           |          |         |          |
|        | Companies    |           |          |         |          |
|        | Act 1985 in  |           |          |         |          |
|        | relation to  |           |          |         |          |
|        | certain      |           |          |         |          |
|        | allotments   |           |          |         |          |
|        | of equity    |           |          |         |          |
|        | securities   |           |          |         |          |
|--------+--------------+-----------+----------+---------+----------|
| 10     | To authorise | 1,358,632 | 29,607   |  85,826 |      Nil |
|        | the Company  |           |          |         |          |
|        | to make      |           |          |         |          |
|        | market       |           |          |         |          |
|        | purchases of |           |          |         |          |
|        | ordinary     |           |          |         |          |
|        | shares in    |           |          |         |          |
|        | accordance   |           |          |         |          |
|        | with Section |           |          |         |          |
|        | 166 of the   |           |          |         |          |
|        | Companies    |           |          |         |          |
|        | Act 1985     |           |          |         |          |
+-------------------------------------------------------------------+



Enquiries:

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

---END OF MESSAGE---




This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.