Result of AGM

15 DECEMBER 2011

NORTHERN VENTURE TRUST PLC

RESULT OF ANNUAL GENERAL MEETING

Northern Venture Trust PLC ("the Company") announces that at the annual general
meeting held on 14 December 2011 all of the resolutions set out in the notice of
meeting were duly passed by shareholders.

The resolutions included the re-election as directors of Mr Michael Denny, Mr
John Hustler and Mr Ross Peters.

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

+------+-------------------+---------+-------------+-------+---------+---------+
|Number|Resolution         |      For|Discretionary|Against|     Vote|         |
|      |                   |         |             |       | withheld|         |
+------+-------------------+---------+-------------+-------+---------+---------+
|1     |To receive the     |7,041,191|      177,004|      0|    8,333|7,226,528|
|      |financial          |         |             |       |         |         |
|      |statements for the |         |             |       |         |         |
|      |year ended 30      |         |             |       |         |         |
|      |September 2011 and |         |             |       |         |         |
|      |the Directors' and |         |             |       |         |         |
|      |independent        |         |             |       |         |         |
|      |auditors' reports  |         |             |       |         |         |
|      |thereon            |         |             |       |         |         |
+------+-------------------+---------+-------------+-------+---------+---------+
|2     |To declare a final |7,033,924|      177,004|      0|   15,600|7,226,528|
|      |dividend of 3.0p   |         |             |       |         |         |
|      |per share in       |         |             |       |         |         |
|      |respect of the year|         |             |       |         |         |
|      |ended              |         |             |       |         |         |
|      |30 September 2011  |         |             |       |         |         |
+------+-------------------+---------+-------------+-------+---------+---------+
|3     |To approve the     |6,444,167|      223,295|359,497|  199,569|7,226,528|
|      |Directors'         |         |             |       |         |         |
|      |remuneration report|         |             |       |         |         |
|      |in respect of the  |         |             |       |         |         |
|      |year ended         |         |             |       |         |         |
|      |30 September 2011  |         |             |       |         |         |
+------+-------------------+---------+-------------+-------+---------+---------+
|4     |To re-elect as a   |6,776,326|      198,004|169,126|   83,072|7,226,528|
|      |director Mr E M P  |         |             |       |         |         |
|      |Denny              |         |             |       |         |         |
+------+-------------------+---------+-------------+-------+---------+---------+
|5     |To re-elect as a   |6,887,142|      198,004| 92,205|   49,177|7,226,528|
|      |director Mr J R    |         |             |       |         |         |
|      |Hustler            |         |             |       |         |         |
+------+-------------------+---------+-------------+-------+---------+---------+
|6     |To re-elect as a   |6,854,744|      230,293| 70,543|   70,948|7,226,528|
|      |director Mr R S    |         |             |       |         |         |
|      |Peters             |         |             |       |         |         |
+------+-------------------+---------+-------------+-------+---------+---------+
|7     |To re-appoint KPMG |6,820,748|      240,101| 84,349|   81,330|7,226,528|
|      |Audit Plc as       |         |             |       |         |         |
|      |independent        |         |             |       |         |         |
|      |auditors of the    |         |             |       |         |         |
|      |Company            |         |             |       |         |         |
+------+-------------------+---------+-------------+-------+---------+---------+
|8     |To authorise the   |6,975,420|      200,374| 29,132|   21,602|7,226,528|
|      |Directors to fix   |         |             |       |         |         |
|      |the independent    |         |             |       |         |         |
|      |auditors'          |         |             |       |         |         |
|      |remuneration       |         |             |       |         |         |
+------+-------------------+---------+-------------+-------+---------+---------+
|9     |To authorise the   |6,936,466|      177,004| 49,749|   63,309|7,226,528|
|      |Directors to allot |         |             |       |         |         |
|      |shares pursuant to |         |             |       |         |         |
|      |Section 551 of the |         |             |       |         |         |
|      |Companies Act 2006 |         |             |       |         |         |
+------+-------------------+---------+-------------+-------+---------+---------+
|10    |To disapply Section|6,814,256|      168,834|104,371|  139,067|7,226,528|
|      |561 of the         |         |             |       |         |         |
|      |Companies Act 2006 |         |             |       |         |         |
|      |in relation to     |         |             |       |         |         |
|      |certain allotments |         |             |       |         |         |
|      |of equity          |         |             |       |         |         |
|      |securities and the |         |             |       |         |         |
|      |sale of treasury   |         |             |       |         |         |
|      |shares             |         |             |       |         |         |
+------+-------------------+---------+-------------+-------+---------+---------+
|11    |To authorise the   |6,898,530|      177,004|147,994|    3,000|7,226,528|
|      |Company to make    |         |             |       |         |         |
|      |market purchases   |         |             |       |         |         |
|      |shares in          |         |             |       |         |         |
|      |accordance with    |         |             |       |         |         |
|      |Section 701 of the |         |             |       |         |         |
|      |Companies Act 2006 |         |             |       |         |         |
+------+-------------------+---------+-------------+-------+---------+---------+

Enquiries:

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

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