Pembroke Vct Regulatory News (PEMB)

Pembroke VCT plc (the "Company")

Dividend Declaration

The board of the Company is pleased to announce that a resolution is included in the Notice of Annual General Meeting ("AGM") for shareholder approval of a proposed final dividend of 2p per Ordinary share and 2p per B Ordinary share to be paid on 26 October 2017. If the dividend is approved by shareholders at the AGM, the ex-dividend date for both share classes will be 21 September 2017 and the record date for payment will be 22 September 2017.

The last date for receipt of elections in respect of the Dividend Investment Scheme is 11 October 2017.

For further information, please contact:

Pembroke VCT plc

+44 20 7766 6900

Peter Dubens

Cornerstone Communications

+44 7917 080 365

Richard Acworth

Oakley Investment Managers LLP (Manager)

+44 20 7766 6900

Andrew Wolfson/Simon Male

The City Partnership (UK) Limited (Company Secretary)

+44 131 510 7465

Doreen Nic

3 August 2017