Director Shareholding

Proven VCT PLC
15 June 2005

ProVen VCT plc
Director Shareholding

On 14 June 2005, Andrew Davison, Chairman of ProVen VCT plc ('the company') sold
5,000 shares in the company at 95p per share. This represents 0.02% of the
issued share capital.

Following this notification Mr Davison holds 4,623 shares in the company
representing 0.02% of the issued share capital.

On 13 June 2005, Mr Davison subscribed £5,000 for shares in the company pursuant
to the offer for subscription dated 4 April 2005. These shares will be allotted
in due course.

Name of contact and telephone number for enquiries:
Celia Whitten, Company Secretary 020 7495 1500


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