Issue of Equity

12 JANUARY 2011

NORTHERN VENTURE TRUST PLC ("the Company")

ISSUE OF ORDINARY SHARES AND TOTAL VOTING RIGHTS

The  Company announces  that on  12 January 2011 it  allotted to 193 subscribers
3,251,840 ordinary shares of 25p each under the 2010/11 Offer for Subscription.
The new ordinary shares were issued at a price of 86p per share.

Application  will  be  made  at  the  earliest practicable opportunity for these
shares  to be admitted to  the Official List of  the UK Listing Authority and to
trading on the London Stock Exchange's market for listed securities.

In  conformity with the Transparency Directive,  the Company notifies the market
that  the capital of  the Company consists  of 59,271,792 ordinary shares with a
nominal value of 25p each.  All the shares have voting rights.

The Company does not hold any ordinary shares in treasury.

Therefore,  the total number of voting  rights in the Company is 59,271,792 (the
"Figure").

The  Figure may be used by a shareholder  or other person as the denominator for
the  calculations by  which he  will determine  if he  is required to notify the
voting  rights he holds in relation to the  Company, or a change to those voting
rights, under the FSA's Disclosure Rules and Transparency Rules.

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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     originality of the information contained therein. 
    
Source: Northern Venture Trust PLC via Thomson Reuters ONE

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