Portfolio update and Net Asset Value

ProVen VCT plc
1 May 2008
 
Portfolio Update/NAV
 
The Board of ProVen VCT  plc is pleased to  announce the sale of  its
interest in ILG  Digital Limited  to ECI  Partners.  The  transaction
valued ILG Digital in excess of £45 million.
 
Following the disposal of  ILG Digital, the  updated Net Asset  Value
("NAV") per  Ordinary Share  based  on the  draft unaudited  NAV  per
Ordinary share at 29 February 2008, after adjusting for the  dividend
paid on 14 March 2008  and associated performance incentive fees,  is
92.4p per Ordinary Share.
 
The draft unaudited NAV per C Share at 29 February 2008 is 89.6p  per
C Share and  is unaffected  by the disposal of  ILG Digital as the  C
Share pool did not hold an interest in ILG Digital.

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