Publication of Prospectus

16 NOVEMBER 2010

NORTHERN VENTURE TRUST PLC (the "Company")

Offer for Subscription

The Company announces that it has published a Prospectus (comprising a
Securities Note, Registration Document and Summary) to issue up to 20 million
Ordinary Shares of 25p each, subject to a maximum amount to be raised (before
issue costs) of £15 million (the "Offer").

The Offer opened on 16 November 2010 and is expected to close no later than 5
April 2011 in the case of the 2010/11 tax year and 28 April 2011 in the case of
the 2011/12 tax year (unless previously extended).

To obtain a copy of the Securities Note, private investors and financial
advisers should call NVM Private Equity Limited on 0191 244 6000.  A
downloadable version of the Securities Note will also be available from
www.nvm.co.uk/nvtsn2010

A copy of the Prospectus is available, free of charge, from the Company's
registered office:

Northumberland House
Princess Square
Newcastle upon Tyne
NE1 8ER

In  accordance with the Listing Rules, the  Prospectus has been submitted to the
National  Storage  Mechanism  and  will  shortly  be available for inspection at
www.Hemscott.com/nsm.do

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 Venture Trust PLC via Thomson Reuters ONE