Result of AGM

14 DECEMBER 2012

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 2012 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 Nigel Beer, Mr Simon Constantine, Mr John Hustler and Mr Hugh Younger.  Further to the announcement on 8 November 2012, Mr Michael Denny and Mr Ross Peters retired from the board at the conclusion of the annual general meeting.

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 annual accounts and financial statements for the year ended 30 September 2012 and the directors' and independent auditors' reports thereon	8,457,053	218,000	5,000	0
2	To declare a final dividend of 3.0p per share in respect of the year ended 30 September 2012	8,480,053	200,000	0	0
3	To approve the Directors' remuneration report in respect of the year ended 30 September 2012	8,050,427	277,285	160,274	192,067
4	To re-elect as a director Mr N J Beer	8,341,706	276,065	33,233	29,049
5	To re-elect as a director Mr S J Constantine	8,377,521	235,260	29,688	37,584
6	To re-elect as a director Mr J R Hustler	8,302,455	292,623	45,926	39,049
7	To re-elect as a director Mr H P Younger	8,329,187	276,065	45,752	29,049
8	To re-appoint KPMG Audit Plc as independent auditor of the Company	8,112,274	265,966	232,944	68,869
9	To authorise the Directors to fix the remuneration of the independent auditor	8,351,398	267,966	28,157	32,532
10	To authorise the Directors to allot shares pursuant to Section 551 of the Companies Act 2006	8,227,272	302,832	88,559	61,390
11	To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares	8,075,169	288,442	179,743	136,699
12	To authorise the Company to make market purchases shares in accordance with Section 701 of the Companies Act 2006	8,201,153	267,966	175,427	35,507

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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