Northern 2 VCT PLC : Result of General Meeting

23 NOVEMBER 2011

NORTHERN 2 VCT PLC

RESULT OF GENERAL MEETING

Northern 2 VCT PLC ("the Company") announces that at the general meeting held on 23 November 2011 the resolution set out in the notice of meeting was duly passed by shareholders.

In accordance with the Disclosure Rules and Transparency Rules, a copy of the resolution proposed and passed which amended the company's constitution has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.Hemscott.com/nsm.do andis also available on the NVM Private Equity website at www.nvm.co.uk/n2vctgmnov2011.

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

Resolution	For	Discretionary	Against	Vote withheld
That the share premium account of the Company be reduced by £25 million	11,784,026	282,055	57,324	3,000

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 2 VCT PLC via Thomson Reuters ONE

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