Director/PDMR Shareholding

STRATEGIC EQUITY CAPITAL PLC (THE "COMPANY")

The Company was today informed that Stuart Widdowson, Strategic Fund Manager at
GVO Investment Management Limited, the Investment Manager of the Company, and
persons connected to Mr Widdowson, had on 23 September 2014 purchased an
aggregate of 29,000 Ordinary 10 pence shares of the Company. All shares were
purchased at a price of 162.9879 pence per share.

Following this transaction, Stuart Widdowson and connected persons are
interested in a total of 605,100 Ordinary 10 pence shares (representing 1.06%
of the shares in issue), as follows:

Stuart Widdowson - 400,250 shares (of which 332,400 are held in a SIPP)

Anna Widdowson - 193,350 shares (of which 18,000 are held in a SIPP)

Nicholas Widdowson - 6,100 shares

Patrick Widdowson - 5,400 shares