Close Period dispensation re. D Shares

Proven VCT plc
7 May 2010
Close Period dispensation re. D Shares

In  accordance with Listing Rule 15.5.1(4), ProVen VCT (the "Company") announces
that  it is satisfied  that all inside  information which the  Directors and the
Company  may have in respect of the Company's  D Shares in the period leading up
to  the  announcement  of  the  results  for the year ended 28 February 2010 has
previously  been notified to a Regulated Information Service and, therefore, the
dealings  referred to  in Listing  Rule 15.5.1(3) in  respect of the Company's D
Shares are permitted.


[HUG#1413192]