Directorate change

ProVen VCT plc
31 December 2007
Board Changes

Proven VCT  plc  ("the  Company") announces  that  David  Eberly  has
decided to resign  as a  non-executive director of  the Company  with
immediate  effect  as  a  result  of  his  other  commitments  within
Beringea, the group which provides investment management services  to
the Company.    The directors  would  like  to thank  David  for  his
contribution during the year.

The Company also announces that Malcolm Moss has been appointed as  a
non-executive director with immediate effect to represent Beringea.
Malcolm is a Senior Managing Director and co-founder of Beringea  LLC
and also  sits  on  the  board of  Beringea  Limited,  the  Company's
investment manager.  Malcolm  has extensive investment experience  in
particular on  the media,  intellectual property  rights and  content
sectors.

Malcolm has also today been appointed as a non-executive director  of
Proven Growth & Income VCT plc, another VCT, managed by Beringea.

Other than  as  disclosed above,  there  are no  further  disclosures
required  under  Listing   Rule  9.6.13  in   respect  of   Malcolm's
appointment.

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