BCAP.L Regulatory News (BCAP)

Better Capital PCC Limited (the "Company")

Notice of Extraordinary General Meetings and

Publication of Circular

The Company announces today that its Directors propose to revise the investment policy for the 2012 Cell and Fund II and are convening extraordinary general meetings to consider and, if thought fit, approve such revisions. The revisions to the investment policy are proposed in order to provide increased flexibility for the 2012 Cell and Fund II to pursue potential opportunities that current market conditions are presenting for investment in:

·; businesses that have significant activities both in and outside the United Kingdom or Ireland; and

·; businesses without significant activities in the United Kingdom or Ireland which are of a size which may exceed the current limit on such investments.

The Company will post or otherwise despatch a circular to all Shareholders today (the "Circular") containing details of the proposed revisions to the investment policy and notices convening extraordinary general meetings of (i) the holders of the ordinary shares in the capital of the 2012 Cell of the Company to be held at 12:30 p.m. and (ii) together in one meeting, the holders of ordinary shares in the capital of the 2009 Cell of the Company and the holders of the ordinary shares in the capital of the 2012 Cell of the Company to be held at 12:45 p.m. (or if later immediately following the conclusion of the Extraordinary General Meeting of the 2012 Shareholders) to be held on 28 February 2013 at Lefebvre Place, Lefebvre Street, St Peter Port, Guernsey.

Copies of the Circular will shortly be available for inspection at the National Storage Mechanism at www.Hemscott.com/nsm.do. In addition, the Circular will shortly be available to view on the Company's website (www.bettercapital.gg) and will be available for inspection at the office of DLA Piper UK LLP, 3 Noble Street, London, EC2V 7EE.

Defined terms used in this announcement shall (unless the context otherwise requires) have the same meanings set out in the Circular dated 11 February 2013.

Enquiries

Better Capital PCC Limited +44 (0)14 8171 6000

Mark Huntley (Director)

Laurence McNairn (Administrator and Company Secretary)

Better Capital LLP +44 (0)20 7440 0840

Jon Moulton (Chairman)

Mark Aldridge (CEO)

Numis Securities Limited +44 (0)20 7260 1000

Nathan Brown

Oliver Hardy

Powerscourt (Public Relations Adviser) +44 (0)20 7250 1446

Jon Earl

Carmen Murray