Result of AGM

15 JULY 2016

NORTHERN 2 VCT PLC

RESULT OF ANNUAL GENERAL MEETING

Northern 2 VCT PLC ("the Company") announces that at the annual general meeting held on 14 July 2016 all of the resolutions set out in the notice of meeting were duly passed by shareholders.

The resolutions included those to re-elect as directors Mr A M Conn, Mr C G A Fletcher, Mr D P A Gravells, Mr F L G Neale and Miss C A McAnulty.

Details of proxy voting on the resolutions put to shareholders at the annual general meeting are as follows:

Number	Resolution	For	No preference	Against	Vote withheld
1	To receive and adopt the financial statements for the year ended 31 March 2016	8,597,315	221,072	0	13,273
2	To approve and declare a final dividend of 3.5p per share in respect of the year ended 31 March 2016	8,590,278	221,072	20,310	0
3	To approve the Directors' remuneration report in respect of the year ended 31 March 2016	8,107,733	221,072	269,889	232,966
4	To re-elect Mr A M Conn as a director	8,413,534	232,126	126,195	59,805
5	To re-elect Mr C G A Fletcher as a director	8,392,146	232,126	140,150	67,238
6	To re-elect Mr D P A Gravells as a director	8,436,267	232,126	93,939	69,328
7	To re-elect Mr F L G Neale as a director	8,410,977	232,126	121,319	67,238
8	To re-elect Miss C A McAnulty as a director	8,454,436	232,126	77,860	67,238
9	To re-appoint KPMG LLP as independent auditor	8,233,557	225,041	264,645	108,417
10	To authorise the audit committee to fix the remuneration of the independent auditor	8,499,133	222,482	76,644	33,401
11	To authorise the directors to allot shares pursuant to Section 551 of the Companies Act 2006	8,521,884	221,072	31,832	56,872
12	To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares	8,196,396	232,126	291,166	111,972
13	To authorise the Company to make market purchases of ordinary shares in accordance with Section 701 of the Companies Act 2006	8,520,095	221,072	78,172	12,321
14	To approve the revised statement of the Company's investment policy	8,439,111	221,072	25,983	145,494

Enquiries:

Alastair Conn/Christopher Mellor, NVM Private Equity LLP - 0191 244 6000
Website:  www.nvm.co.uk

Neither the contents of the NVM Private Equity LLP website nor the contents of any website accessible from hyperlinks on the NVM Private Equity LLP website (or any other website) is incorporated into, or forms part of, this announcement.

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Source: Northern 2 VCT PLC via Globenewswire

HUG#2028836