Result of AGM

RNS Number : 2868Y

Northern 3 VCT PLC

03 July 2008

NORTHERN 3 VCT PLC ('The Company')

RESULT OF ANNUAL GENERAL MEETING

3 July 2008

The Company announces that at the annual general meeting held on 3 July 2008 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 Chris Fleetwood, Mr John Hustler, Mr Tim Levett and Mr John Waddell.

The resolutions included, as special business, that the Company's Articles of Association be amended as set out in the notice of meeting for the purpose of taking account of the Companies Act 2006 provisions so far as they relate to directors' conflicts of interests.

In accordance with the Listing Rules, copies of the resolution proposed and passed as special business have been submitted to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility which is situated at:

The Financial Services Authority

25 The North Colonnade

Canary Wharf

London

E14 5HS

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

Number	Resolution	For	Discretionary	Against	Abstentions
1	To receive the financial statements for the 18 months ended 31 March 2008	1,457,777	36,394	Nil	Nil
2	To approve the directors' remuneration report in respect of the 18 months ended 31 March 2008	1,362,556	41,494	30,669	59,452
3	To re-elect Mr C J Fleetwood as a director	1,428,548	41,494	11,101	13,028
4	To re-elect Mr J R Hustler as a director	1,420,198	41,494	19,451	13,028
5	To re-elect Mr J M O Waddell as a director	1,416,702	41,494	22,947	13,028
6	To re-elect Mr T R Levett as a director	1,432,659	41,494	10,080	9,938
7	To reappoint KPMG Audit Plc as independent auditors	1,422,188	41,494	4,041	26,448
8	To authorise the directors to fix the remuneration of the independent auditors	1,436,739	41,494	10,838	5,100
9	To authorise the directors to allot shares pursuant to Section 80 of the Companies Act 1985	1,383,499	66,922	27,630	16,120
10	To disapply Section 89 of the Companies Act 1985 in relation to certain allotments of equity securities	1,326,931	48,309	93,630	25,301
11	To authorise the Company to make market purchases of ordinary shares in accordance with Section 166 of the Companies Act 1985	1,378,529	41,494	52,800	21,348
12	To amend the Company's articles of association	1,376,794	55,535	7,060	54,782