Result of EGM

Northern 3 VCT PLC
08 July 2004

For immediate release on 8 July 2004

NORTHERN 3 VCT PLC

EGM RESULT

The Company announces that at an Extraordinary General Meeting held earlier
today all resolutions were passed, authorising the Company to issue up to a
further 20 million new ordinary shares of 5p each in the Company by way of
future share offerings to the public.

Enquiries:
Alastair Conn or Christopher Mellor, Northern Venture Managers Limited - 
0191 244 6000
Website: www.nvm.co.uk

ENDS



                      This information is provided by RNS
            The company news service from the London Stock Exchange