Director/PDMR Shareholding

STRATEGIC EQUITY CAPITAL PLC

Strategic Equity Capital plc ("the Company") was informed on 12 March 2014 that
Stuart Widdowson, Strategic Fund Manager at GVO Investment Management, the
Investment Manager of the Company, had on 12 March 2014 purchased 40,000
Ordinary 10 pence shares of the Company at 157.36 pence per share.

Following this transaction, Stuart Widdowson and connected persons are
interested in a total of 440,000 Ordinary 10 pence shares (representing 0.74%
of the shares in issue), as follows:

Stuart Widdowson - 318,900 shares (of which 273,900 are held in a SIPP)

Anna Widdowson - 115,500 shares (of which 13,000 are held in a SIPP)

Nicholas Widdowson - 2,800 shares

Patrick Widdowson - 2,800 shares