Offer Update

Offer Update

Hargreave Hale AIM 1

HARGREAVE HALE AIM VCT 1 PLC

Closure of Offers for Subscription and Issue of Equity

The Boards of Hargreave Hale AIM VCT 1 plc and Hargreave Hale AIM VCT 2 plc announce that on 25 September 2013 they will close the existing Offers for Subscription to raise up to £10 million into each VCT. A final allotment of new ordinary shares will be made on 25 September 2013 for applications received no later than 11am on 25 September 2013.

Intention to launch new offers for subscription

The Directors of Hargreave Hale AIM VCT 1 plc and Hargreave Hale AIM VCT 2 plc are pleased to announce their intention to launch new offers for subscription for new shares in November 2013.

13 September 2013

For further information please contact:

Stuart Brookes

Company Secretary

Hargreave Hale AIM VCT 1 plc

01253 754740