Announcements

Northern 2 VCT PLC.

11 July 2012

NORTHERN 2 VCT PLC

RESULT OF ANNUAL GENERAL MEETING

Northern 2 VCT PLC ("the Company") announces that at the annual general meeting held on 11 July 2012 all of the resolutions set out in the notice of meeting were duly passed by shareholders.

The resolutions included those to re-elect as directors Mr A M Conn, Mr E M P Denny, Mr C G A Fletcher, Mr D P A Gravells and Mr F L G Neale.

Details of proxy voting on the resolutions put to shareholders at the annual general meeting are as follows:

Number Resolution For Discretionary Against Vote withheld
1 To receive the financial statements for the year ended 31 March 2012 6,985,983 200,947 11,645 0
2 To declare a final dividend of 3.5p per share in respect of the year ended 31 March 2012 7,001,089 179,368 9,523 8,595
3 To approve the directors' remuneration report in respect of the year ended 31 March 2012 6,665,056 178,969 193,047 161,503
4 To re-elect Mr A M Conn as a director 6,836,400 225,308 53,486 83,381
5 To re-elect Mr E M P Denny as a director 6,737,753 225,308 152,133 83,381
6 To re-elect Mr C G A Fletcher as a director 6,842,099 225,308 66,430 64,738
7 To re-elect Mr D P A Gravells as a director 6,779,431 225,308 135,455 58,381
8 To re-elect Mr F L G Neale as a director 6,794,892 225,308 88,637 89,738
9 To reappoint KPMG Audit Plc as independent auditors 6,819,155 195,947 130,501 52,972
10 To authorise the directors to fix the remuneration of the independent auditors 6,865,549 244,143 58,534 30,349
11 To authorise the directors to allot shares pursuant to Section 551 of the Companies Act 2006 6,740,934 183,891 217,171 56,579
12 To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares 6,605,755 162,785 330,380 99,655
13 To authorise the Company to make market purchases of ordinary shares in accordance with Section 701 of the Companies Act 2006 6,900,887 193,415 98,023 6,250

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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information contained therein.

Source: Northern 2 VCT PLC via Thomson Reuters ONE

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