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WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

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However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

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You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

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CHANGES TO OUR PRIVACY POLICY

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Starvest plc (SVE)

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Monday 14 December, 2009

Starvest plc

Investment Performance





Monday 14 December 2009


Board update  for shareholders  at the  Annual General  Meeting -  14
December 2009
Investment performance
Since the publication of the  2009 annual report, markets have  moved
'sideways' so that:
�          the portfolio valuation at the close of business on Friday
11 December 2009 was £4.38m showing little change since 30  September
2009 when adjusted for investment sales;
�          the Company  value net  of debt shows  little change  from
that at 30 September 2009.
Other matters worthy of note since 30 September 2009 are:

  * The closing share price at 7.25 pence, indicates a discount to
    net asset value of 34%.
  * Investment sales have realised £361,000 with a gross profit of
    £168,000.
  * Bank overdraft has been reduced below £400,000.
  * Had the portfolio been valued at mid rather than bid prices, the
    valuation would have been £6.1m equal to 15.46 pence per share
    fully diluted, resulting in a 53% share price discount to net
    asset value.
  * The valuation difference between bid and mid prices of £1.7m
    reflects the wide spread of market quotes and points to the
    relatively low market activity in many of the Company's
    investments.
  * It remains the Board's intention to reduce and ultimately
    eliminate the bank overdraft.

Company statistics

                        11 December 30 September   30 June 9 December
                               2009         2009      2009       2008
                             At BID       At BID               At BID
                             values      values,    At BID     values
                                        adjusted    values
Trading portfolio value      £4.38m       £4.72m     £4.3m     £4.04m
Company asset value net      £4.00m       £4.02m    £3.62m     £3.53m
of debt
Net asset value - fully 11.04 pence  11.08 pence     10.01  9.3 pence
diluted per share                                    pence
Share price - mid        7.25 pence  11.75 pence 9.5 pence  6.5 pence
Share price discount            34%           6%        5%        30%
(premium) to fully         discount    (premium)  discount   discount
diluted net asset value
Market capitalisation        £2.53m        £4.1m    £3.31m      £2.7m


All net  asset values  are  based on  bid  prices or  the  Directors'
valuation, if lower.
The Board  continues to  believe  that it  has within  its  portfolio
investments with considerable potential and  is hoping for an  upturn
during 2010.
Shareholders who wish to  receive electronic copies of  announcements
are invited to register their email  address on the home page of  the
Company website: www.starvest.co.uk.

R Bruce Rowan
Chairman & Chief Executive
14 December 2009



Enquiries to:
Bruce Rowan, Chairman 020 7486 3997 or John Watkins, Finance Director
07768 512404; john@starvest.co.uk

Gerry Beaney or Colin Aaronson Grant Thornton Corporate Finance 020
7383 5100
                                                                                               r is 
solely responsible for the content of this announcement.