Holding(s) in Company

TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

Chelverton Growth Trust Plc

2. Reason for the notification                                        State    
                                                                     Yes/No    
                                                                               
An acquisition or disposal of voting rights                            Yes     
                                                                               
An acquisition or disposal of financial instruments which may          No      
result in the                                                                  
acquisition of shares already issued to which voting rights are                
attached                                                                       
                                                                               
An event changing the breakdown of voting rights                       No      
                                                                               
Other :                                                                N/A     

3. Full name of person(s) subject to the notification obligation  Midas Capital
(iii):                                                                 plc     
                                                                               
4. Full name of shareholder(s) (if different from 3.) (iv):       See section 9
                                                                               
5. Date of the transaction (and date on which the threshold is      21/07/08   
crossed                                                                        
or reached if different) (v):                                                  
                                                                               
6. Date on which issuer notified:                                   24/07/08   
                                                                               
7. Threshold(s) that is/are crossed or reached:                        5%      
                                                                               
8. Notified details:                                                   N/A     

A: Voting rights attached to shares

 Class/type of       Situation       Resulting situation after the triggering  
     shares         previous to                 transaction (vii)              
  if possible     the Triggering                                               
 using the ISIN  transaction (vi)                                              
      CODE                                                                     
                                                                               
                 Number   Number    Number  Number of voting     % of voting   
                   of       of        of       rights (ix)         rights      
                 Shares   Voting    shares                                     
                          Rights                                               
                          (viii)                                               
                                                                               
                                    Direct   Direct  Indirect  Direct  Indirect
                                              (x)      (xi)                    
                                                                               
  1p Ordinary    663,896  663,896  763,896  763,896  763,896   5.14%     N\A   
     shares                                                                    
                                                                               
  GB0002621349                                                                 

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

   Type of     Expiration       Exercise/        Number of voting       % of   
  financial    date (xiii)      Conversion      rights that may be     voting  
 instrument                 Period/ Date (xiv)    acquired if the      rights  
                                                    instrument                 
                                                   is exercised/               
                                                     converted                 
                                                                               
     N\A           N\A             N\A                  N\A             N\A    

Total (A+B)                                                                    
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
763,896                                 5.14%                                  

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):

CF iimia Accelerated Fund (OEIC) - 763,896                                     
                                                                               
(Registered: The Bank of New York Nominees A/C 391998)                         

Proxy Voting:


10. Name of the proxy holder:                                 N/A              
                                                                               
11. Number of voting rights proxy holder will cease to hold:  N/A              
                                                                               
12. Date on which proxy holder will cease to hold voting      N/A              
rights:                                                                        

13. Additional information:                                   iimia plc, Miton 
                                                              Asset Management 
                                                              Ltd and Midas    
                                                              Capital Partners 
                                                              Ltd are all      
                                                              subsidiaries of  
                                                              Midas Capital    
                                                              plc.             
                                                                               
14. Contact name:                                             Helen Neighbour  
                                                                               
15. Contact telephone number:                                 01392 475972