Director/PDMR Shareholding

2 March 2010

NORTHERN 3 VCT PLC ("the Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY AND CONNECTED PERSONS

In accordance with the FSA's Disclosure and Transparency Rules, the Company
announces the following changes to the beneficial interests of the directors in
the Company's ordinary shares of 5p each following the result of the Enhanced
Buyback Offer and the allotment of shares under the 2009/10 Offer for
Subscription which were announced on 1 March 2010.  The company was informed of
the changes on 1 March 2010 and the transactions took place in London on 1 March
2010.



 Director                       Holding   Sold in     Allotted  Current       % of
                                 before  Enhanced        under   holding     share
                               Enhanced   Buyback    Offer for     after   capital
                                Buyback     Offer Subscription      sale currently
                                  Offer  at 88.1p     at 95.0p       and      held
                                        per share    per share allotment



 J G D Ferguson                 102,800 (102,800)      152,766   152,766     0.49%

 C J Fleetwood                   15,300  (15,300)       25,577    25,577     0.08%

 J R Hustler                     25,100  (25,100)       23,742    23,742     0.08%

 T R Levett                     117,300 (117,300)      136,498   136,498     0.44%

 J M O Waddell                    5,000   (5,000)        7,283     7,283     0.02%


All of the current shareholdings shown above are registered in the names of the
respective directors.

Enquiries:

Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191 244 6000
Website:  www.nvm.co.uk <

http://www.nvm.co.uk/>



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