Announcements

Northern Venture Trust PLC.




TIDMNVT

16 December 2010

NORTHERN VENTURE TRUST PLC ("The Company")

RESULT OF ANNUAL GENERAL MEETING

The Company announces that at the annual general meeting held on 16 December
2010 all of the resolutions set out in the notice of meeting were duly passed by
shareholders.

The resolutions included the re-election as a director of Mr Michael Denny.

Further to the announcement on 12 November 2010, Miss Primrose Scott retired
from the board at the conclusion of the annual general meeting. Mr Nigel Beer
has been appointed as chairman of the audit committee with effect from 16
December 2010.

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 |5,186,940| 133,978| Nil| Nil|
| |statements for the year | | | | |
| |ended 30 September 2010 | | | | |
+------+-------------------------+---------+-------------+-------+-------------+
|2 |To declare a dividend of |5,175,178| 145,740| Nil| Nil|
| |4.5p per share | | | | |
+------+-------------------------+---------+-------------+-------+-------------+
|3 |To approve the directors'|4,988,383| 148,113| 77,788| 106,634|
| |remuneration report | | | | |
+------+-------------------------+---------+-------------+-------+-------------+
|4 |To re-elect Mr E M P |5,113,056| 149,485| 38,082| 20,295|
| |Denny as a director | | | | |
+------+-------------------------+---------+-------------+-------+-------------+
|5 |To reappoint KPMG Audit |5,065,517| 174,688| 34,325| 46,388|
| |Plc as independent | | | | |
| |auditors | | | | |
+------+-------------------------+---------+-------------+-------+-------------+
|6 |To authorise the |5,141,321| 144,688| 19,797| 15,112|
| |directors to fix the | | | | |
| |remuneration of the | | | | |
| |independent auditors | | | | |
+------+-------------------------+---------+-------------+-------+-------------+
|7 |To authorise the |5,133,612| 144,688| 42,618| Nil|
| |directors to allot shares| | | | |
| |pursuant to Section 551 | | | | |
| |of the Companies Act 2006| | | | |
+------+-------------------------+---------+-------------+-------+-------------+
|8 |To disapply Section 561 |5,105,541| 156,450| 42,821| 16,106|
| |of the Companies Act | | | | |
| |2006 in relation to | | | | |
| |certain allotments of | | | | |
| |equity securities and the| | | | |
| |sale of treasury shares | | | | |
+------+-------------------------+---------+-------------+-------+-------------+
|9 |To authorise the Company |5,135,094| 144,688| 24,323| 16,813|
| |to make market purchases | | | | |
| |shares in accordance with| | | | |
| |Section 701 of the | | | | |
| |Companies Act 2006 | | | | |
+------+-------------------------+---------+-------------+-------+-------------+
|10 |To reduce the share |5,107,889| 154,281| 24,297| 34,451|
| |premium account of the | | | | |
| |Company by ÂGBP12,000,000. | | | | |
+------+-------------------------+---------+-------------+-------+-------------+

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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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Northern Venture Trust PLC via Thomson Reuters ONE

[HUG#1473454]


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December 16, 2010 12:09 ET (17:09 GMT)