B Share Net Asset Value

Seneca Growth Capital VCT Plc (the “Company”)

10 March 2020

B Share Net Asset Value

The Directors and the investment manager of the Company, Seneca Partners Limited, have reviewed the valuation of the Company's B share portfolio as at 6 March 2020.

The unaudited NAV of a B share as at 6 March 2020 was 88.7p per B share. This is a decrease of 4.4p from the previously published audited NAV as at 31 December 2019 due to changes in the value of a quoted investment and running costs incurred in Q1 2020. The decrease is limited by the impact of the cost cap which restricts the burden of ordinary running costs on the B share class to 3% of the NAV of the B shares.

For further information, please contact:

John Hustler, Seneca Growth Capital VCT Plc at [e-mail]

Richard Manley, Seneca Growth Capital VCT Plc at [e-mail]