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EGM Statement

29 May 2007 12:36

Close Brothers Dev VCT PLC29 May 2007 CLOSE BROTHERS DEVELOPMENT VCT PLC EGM Result________________________________________________________________________________ At an Extraordinary General Meeting of the Company held today, the Board ofClose Brothers Development VCT PLC is pleased to announce that the Resolutioncontained in a circular to Shareholders dated 2 May 2007, to amend the Company'smanagement incentive arrangements, has been passed. 29 May 2007 Further enquiries: Patrick Reeve Close Ventures Limited (Manager) Tel. 020 7422 7830 This information is provided by RNS The company news service from the London Stock Exchange

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