Issue of Equity

ProVen Growth and Income VCT plc
29 October 2010

Issue of Equity - D Shares

The  Directors announce that the Company  has made a further following allotment
under the Linked Offer for Subscription made on 20 November 2009 ('the Offer').

On  29 October 2010, 51,199 D Shares of 1p each were allotted under the Offer at
a price of £1 per share.

Application  for the new  shares to be  admitted to the  Official List of the UK
Listing  Authority  and  to  trading  on  the London Stock Exchange's market for
listed securities will be made at the earliest practical opportunity.

The Offer is now closed.



[HUG#1457298]








This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: Proven Growth & Income VCT plc via Thomson Reuters ONE