Announcements

Northern Venture Trust PLC.

14 DECEMBER 2012

NORTHERN VENTURE TRUST PLC

RESULT OF ANNUAL GENERAL MEETING

Northern Venture Trust PLC ("the Company") announces that at the annual general meeting held on 14 December 2012 all of the resolutions set out in the notice of meeting were duly passed by shareholders.

The resolutions included the re-election as directors of Mr Nigel Beer, Mr Simon Constantine, Mr John Hustler and Mr Hugh Younger.  Further to the announcement on 8 November 2012, Mr Michael Denny and Mr Ross Peters retired from the board at the conclusion of the annual general meeting.

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 annual accounts and financial statements for the year ended 30 September 2012 and the directors' and independent auditors' reports thereon 8,457,053 218,000 5,000 0
2 To declare a final dividend of 3.0p per share in respect of the year ended 30 September 2012 8,480,053 200,000 0 0
3 To approve the Directors' remuneration report in respect of the year ended 30 September 2012 8,050,427 277,285 160,274 192,067
4 To re-elect as a director Mr N J Beer 8,341,706 276,065 33,233 29,049
5 To re-elect as a director Mr S J Constantine 8,377,521 235,260 29,688 37,584
6 To re-elect as a director Mr J R Hustler 8,302,455 292,623 45,926 39,049
7 To re-elect as a director Mr H P Younger 8,329,187 276,065 45,752 29,049
8 To re-appoint KPMG Audit Plc as independent auditor of the Company 8,112,274 265,966 232,944 68,869
9 To authorise the Directors to fix the remuneration of the independent auditor 8,351,398 267,966 28,157 32,532
10 To authorise the Directors to allot shares pursuant to Section 551 of the Companies Act 2006 8,227,272 302,832 88,559 61,390
11 To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares 8,075,169 288,442 179,743 136,699
12 To authorise the Company to make market purchases shares in accordance with Section 701 of the Companies Act 2006 8,201,153 267,966 175,427 35,507

Enquiries:

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.




This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(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#1664736