Correction - Total Voting Rights

1 February 2017

Gabelli Value Plus+ Trust Plc

("the Company")

Total Voting Rights

In accordance with the FCA's Disclosure Guidance and Transparency Rules, the Company confirms the following information as at 31 January 2017:

- the total issued share capital (including treasury shares) consists of 100,101,001 ordinary shares of 1 pence each; and

- the number of ordinary shares held in treasury is 390,000; therefore

- the total number of voting rights is 99,711,001.

The above figure should be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

Julie Pharaoh, TMF Corporate Secretarial Services Limited

Email: GabelliCompany.Secretary@tmf-group.com

Telephone: 020 7832 8924