Result of AGM

15 DECEMBER 2011

NORTHERN VENTURE TRUST PLC

RESULT OF ANNUAL GENERAL MEETING

Northern Venture Trust PLC ("the Company") announces that at the annual general meeting held on 14 December 2011 all of the resolutions set out in the notice of meeting were duly passed by shareholders.

The resolutions included the re-election as directors of Mr Michael Denny, Mr John Hustler and Mr Ross Peters.

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 30 September 2011 and the Directors' and independent auditors' reports thereon	7,041,191	177,004	0	8,333	7,226,528
2	To declare a final dividend of 3.0p per share in respect of the year ended 30 September 2011	7,033,924	177,004	0	15,600	7,226,528
3	To approve the Directors' remuneration report in respect of the year ended 30 September 2011	6,444,167	223,295	359,497	199,569	7,226,528
4	To re-elect as a director Mr E M P Denny	6,776,326	198,004	169,126	83,072	7,226,528
5	To re-elect as a director Mr J R Hustler	6,887,142	198,004	92,205	49,177	7,226,528
6	To re-elect as a director Mr R S Peters	6,854,744	230,293	70,543	70,948	7,226,528
7	To re-appoint KPMG Audit Plc as independent auditors of the Company	6,820,748	240,101	84,349	81,330	7,226,528
8	To authorise the Directors to fix the independent auditors' remuneration	6,975,420	200,374	29,132	21,602	7,226,528
9	To authorise the Directors to allot shares pursuant to Section 551 of the Companies Act 2006	6,936,466	177,004	49,749	63,309	7,226,528
10	To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares	6,814,256	168,834	104,371	139,067	7,226,528
11	To authorise the Company to make market purchases shares in accordance with Section 701 of the Companies Act 2006	6,898,530	177,004	147,994	3,000	7,226,528

Enquiries:

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 Venture Trust PLC via Thomson Reuters ONE

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