Downing Distribution VCT 1 plc : Result of AGM

Downing Distribution VCT 1 plc
18 September 2012

Annual General Meeting

At the Annual General Meeting ("AGM") of Downing Distribution VCT 1 plc, held on Tuesday 18 September 2012, all resolutions were passed.

Details of the proxy votes in respect of the AGM resolutions which were received by 11:30 am on 14 September 2012, being 48 hours before the time of the meeting (excluding weekends and public holidays), at Downing LLP are set out below:

	For	Discretionary	Against	Withheld
Resolution No.	No. of Votes	No. of Votes	No. of Votes	No. of Votes	Total Votes
	% of votes	% of votes	% of votes		% of votes
1	745,103	19,513	-	2,097	764,616
	97.45%	2.55%	0.00%		100.00%
2	724,499	7,030	29,983	5,201	761,512
	95.14%	0.92%	3.94%		100.00%
3	742,832	19,513	2,340	2,028	764,685
	97.14%	2.55%	0.31%		100.00%
4	726,029	19,513	7,931	13,240	753,473
	96.36%	2.59%	1.05%		100.00%
5	698,140	19,513	33,593	15,467	751,246
	92.93%	2.60%	4.47%		100.00%
6	695,691	19,513	36,548	14,961	751,752
	92.54%	2.60%	4.86%		100.00%
7	708,246	38,268	6,760	13,439	753,274
	94.02%	5.08%	0.90%		100.00%
8	709,790	38,268	5,216	13,439	753,274
	94.23%	5.08%	0.69%		100.00%
9	723,671	26,128	15,354	1,560	765,153
	94.58%	3.41%	2.01%		100.00%
10	709,587	13,645	40,174	3,307	763,406
	92.95%	1.79%	5.26%		100.00%
11	681,731	46,961	36,461	1,560	765,153
	89.09%	6.14%	4.77%		100.00%

A copy of the resolutions passed will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do. 

---

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: Downing Distribution VCT 1 plc via Thomson Reuters ONE

HUG#1641829