Result of AGM

ProVen VCT plc
25 August 2010

At the Annual General Meeting of ProVen VCT plc, held recently, all resolutions
were passed.

Details of the proxy votes in respect of the resolutions passed at the Annual
General Meeting received as at 12:45pm on 20 August 2010, 48 hours before the
time of the meeting (excluding weekends), at Downing Management Services are set
out below:

+--------------+----------+-------------+----------+--------+----------+
|              |   For    |Discretionary| Against  |Withheld|          |
+--------------+----------+-------------+----------+--------+----------+
|Resolution No.|  No. of  |   No. of    |  No. of  | No. of |  Total   |
|              |  Votes   |    Votes    |  Votes   | Votes  |  Votes   |
|              |          |             |          |        |          |
|              |% of votes| % of votes  |% of votes|        |% of votes|
+--------------+----------+-------------+----------+--------+----------+
|      1       |1,994,749 |   35,798    |    -     |   -    |2,030,547 |
|              |          |             |          |        |          |
|              |  98.24%  |    1.76%    |  0.00%   |        | 100.00%  |
+--------------+----------+-------------+----------+--------+----------+
|      2       |1,681,640 |   39,798    | 287,968  | 21,141 |2,009,406 |
|              |          |             |          |        |          |
|              |  83.69%  |    1.98%    |  14.33%  |        | 100.00%  |
+--------------+----------+-------------+----------+--------+----------+
|      3       |1,949,654 |   44,948    |  2,593   | 33,352 |1,997,195 |
|              |          |             |          |        |          |
|              |  97.62%  |    2.25%    |  0.13%   |        | 100.00%  |
+--------------+----------+-------------+----------+--------+----------+
|      4       |1,957,110 |   35,798    |  17,977  | 19,662 |2,010,885 |
|              |          |             |          |        |          |
|              |  97.33%  |    1.78%    |  0.89%   |        | 100.00%  |
+--------------+----------+-------------+----------+--------+----------+
|      5       |1,906,496 |   35,798    |  29,697  | 58,556 |1,971,991 |
|              |          |             |          |        |          |
|              |  96.68%  |    1.82%    |  1.51%   |        | 100.00%  |
+--------------+----------+-------------+----------+--------+----------+
|      6       |1,921,340 |   35,798    |  24,065  | 49,344 |1,981,203 |
|              |          |             |          |        |          |
|              |  96.98%  |    1.81%    |  1.21%   |        | 100.00%  |
+--------------+----------+-------------+----------+--------+----------+
|      7       |1,942,156 |   35,798    |  52,593  |   -    |2,030,547 |
|              |          |             |          |        |          |
|              |  95.65%  |    1.76%    |  2.59%   |        | 100.00%  |
+--------------+----------+-------------+----------+--------+----------+
|      8       |1,932,717 |   35,798    |  37,032  |   -    |2,005,547 |
|              |          |             |          |        |          |
|              |  96.37%  |    1.78%    |  1.85%   |        | 100.00%  |
+--------------+----------+-------------+----------+--------+----------+
|      9       |1,596,734 |   35,798    | 372,790  | 25,225 |2,005,322 |
|              |          |             |          |        |          |
|              |  79.62%  |    1.79%    |  18.59%  |        | 100.00%  |
+--------------+----------+-------------+----------+--------+----------+
|      10      |1,943,247 |   35,798    |  43,502  | 8,000  |2,022,547 |
|              |          |             |          |        |          |
|              |  96.08%  |    1.77%    |  2.15%   |        | 100.00%  |
+--------------+----------+-------------+----------+--------+----------+
|      11      |1,824,060 |   35,798    | 132,664  | 38,025 |1,992,522 |
|              |          |             |          |        |          |
|              |  91.55%  |    1.80%    |  6.66%   |        | 100.00%  |
+--------------+----------+-------------+----------+--------+----------+

A copy of the resolutions passed will be submitted to the UK Listing Authority
and will shortly be available for inspection at the UK Listing Authority's
Document Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS
Telephone: [phone]


[HUG#1440340]








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