Total Voting Rights

CHELVERTON GROWTH TRUST PLC

VOTING RIGHTS AND CAPITAL

Pursuant to the Tender Offer, 1,323,334 ordinary shares and to the buy-back
offer, 25,727 ordinaryshares which wererepurchased for cancellation with
settlement on 23 January 2012 and in conformity with Disclosure and
Transparency Rule 5.6.1A, the issued share capital and voting rights of the
Company are as follows:

Class of           Total  Number of    Total number      Number of Total number
share          number of   voting         of voting shares held in of shares in
              shares in    rights            rights       treasury        issue
             circulation attached to                                           
                         each share                   (carrying no             
                                                     voting rights             
                                                    attached until             
                                                           issued)             
                                                                               
Ordinary 1p   11,884,283      1          11,884,283              0   11,884,283
shares                                                                         

The above figure of 11,884,283 Ordinary 1p shares may be used by shareholders
as the denominator for the calculations by which they will determine if they
are required to notify their interest in, or a change to their interest in,
Chelverton Growth Trust PLC under the FSA's Disclosure and Transparency Rules.

23 January 2012

For further information contact the Company Secretary, Capita Sinclair
Henderson Limited; telephone [phone].

The Company's registered office address is:

Beaufort House

51 New North Road

Exeter

EX4 4EP