Tender Offer

Tender Offer

NEW CENTURY AIM VCT PLC

New Century Aim VCT plans to offer shareholders the opportunity to sell back up to 10% of their shareholding in the Company at a price of a 5% discount to Net Asset Value per share. This option has been taken so that all shareholders are being treated equally and fairly, which would not be the case if a “first come, first served” principle was applied. Shareholders will be given the opportunity to apply for more than 10% of their holding in the event that not all shareholders take up the offer. In such an event, this will also be calculated on a pro rata basis for those applying. The buy back price will be 58.67p based on a 5% discount to the net asset value as at the 21^st March 2013. The buy back will close by 12pm on the 26^th April 2013. The directors reserve the right to withdraw the shares buy-back in the event that the Net Asset Value per share of the Company changes more than 5% in either direction by the Closing Date of the Offer. If that should occur, the directors will re-set the buy-in price and advise shareholders accordingly.