Doc re. EGM

Proven VCT PLC
01 June 2006

Proven VCT plc
1 June 2006

Document re. EGM

Proven VCT plc announces that it has today issued a circular to Shareholders
convening an Extraordinary General Meeting ('EGM') to seek approval of  related
party transactions in connection with changes to the investment management
agreement and performance incentive fees and an amendment to the Articles of
Association in respect of Directors' indemnification.  The EGM will take place
on 29 June 2006 at 10am at 39 Earlham Street, London WC2H 9LT

A copy of the above circular has been submitted to the UK Listing Authority and
will be available for inspection at the UK Listing Authority's document viewing
facility, which is situated at:

Financial Services Authority
25 The North Colonnade
London
E14 5HS


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