Half-year Report

Pembroke VCT plc (the "Company")

Half-Yearly Report for the six months ended 30 September 2017

The Directors are pleased to attach the Company's half-yearly report for the six months ended 30 September 2017.

Click on, or paste the following link into your web browser, to view the associated PDF document.

http://www.rns-pdf.londonstockexchange.com/rns/8894U_-2017-10-27.pdf

The half-yearly report for the six months ended 30 September 2017 may also be downloaded from the Company's website at www.pembrokevct.com.

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