Miscellaneous: linked top-up offer update

18 JANUARY 2013

NORTHERN VENTURE TRUST PLC

LINKED TOP-UP OFFER UPDATE

Northern Venture Trust PLC ("NVT") announces in conjunction with Northern 2 VCT PLC ("Northern 2") that the NVT offers of new ordinary shares to raise a total of up to £4,000,000 (before expenses) for subscription in the 2012/13 and 2013/14 tax years are now fully subscribed and no further applications will be accepted.

The Northern 2 offers of new ordinary shares to raise a total of up to £4,000,000 (before expenses) for subscription in the 2012/13 and 2013/14 tax years have received applications to date totalling in excess of £2,500,000.  The Northern 2 offers opened on 10 January 2013 and will close no later than 5.00pm on 5 April 2013 for the 2012/13 tax year and 5.00pm on 15 April 2013 for the 2013/14 tax year, unless previously extended or fully subscribed earlier.

Enquiries:

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

Neither the contents of the NVM Private Equity Limited website nor the contents of any website accessible from hyperlinks on the NVM Private Equity Limited website (or any other website) is incorporated into, or forms part of, this announcement.

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Source: Northern Venture Trust PLC via Thomson Reuters ONE

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