Dividend Declaration

14 August 2014

PEMBROKE VCT PLC

Dividend declaration

Pembroke VCT plc (the "Company") announces today that it has resolved to declare an interim dividend of 3.0p per share. The ex-dividend date is 20 August 2014 with an associated record date of 22 August 2014. The dividend will be paid on 5 September 2014.

For further details about the Company please either visit the Company's website,

Pembroke VCT plc

www.pembrokevct.com

or contact:

Oakley Investment Managers LLP (Manager)

+44 20 7766 6900

Peter Dubens / Andrew Wolfson

The City Partnership (UK) Limited (Company Secretary)

0131 243 7210

Doreen Nic