Result of AGM

5 July 2012

NORTHERN 3 VCT PLC

RESULT OF ANNUAL GENERAL MEETING

Northern 3 VCT PLC ("the Company") announces that at the annual general meeting held on 5 July 2012 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 James Ferguson and Mr Tim Levett.

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

No	Resolution	For	Discretionary	Against	Vote withheld
1	To receive the financial statements for the year ended 31 March 2012	5,308,751	256,810	13,341	3,712
2	To approve a final dividend of 3.0p per share in respect of the year ended 31 March 2012	5,322,751	231,185	28,678	0
3	To approve the directors' remuneration report in respect of the year ended 31 March 2012	4,969,267	273,889	172,957	166,501
4	To re-elect Mr J G D Ferguson as a director	5,196,045	264,244	78,430	43,895
5	To re-elect Mr T R Levett as a director	5,179,728	270,055	69,522	63,309
6	To reappoint KPMG Audit Plc as independent auditors	5,164,454	275,638	110,594	31,928
7	To authorise the directors to fix the remuneration of the independent auditors	5,208,079	276,346	77,070	21,119
8	To authorise the directors to allot shares pursuant to Section 551 of the Companies Act 2006	5,053,449	262,621	186,127	80,417
9	To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities	4,903,350	287,621	305,394	86,249
10	To authorise the Company to make market purchases of ordinary shares in accordance with Section 701 of the Companies Act 2006	5,088,117	289,495	171,656	33,346

Enquiries:

Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191 244 6000

Website:  www.nvm.co.uk

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

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Source: Northern 3 VCT PLC via Thomson Reuters ONE

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