Net Asset Value(s)

Maven Income and Growth VCT 5 PLC

Net Asset Value

The Directors confirm:

· Net asset value (NAV)1 of 38.33p per Ordinary Share as at 31 August 2018, compared to 36.37p as at 31 May 2018; and

· NAV total return2 of 79.68p per Ordinary Share as at 31 August 2018, compared to 77.72p as at 31 May 2018.

Notes:

1The NAV as at 31 August 2018 is unaudited and reflects the closing bid price of quoted securities as at that date. Investments in unlisted companies are normally valued on a six monthly basis and the NAV incorporates the Directors' valuation of unlisted investments as at 31 May 2018, adjusted for subsequent events where appropriate. There have been no material changes in the valuations of any of the unlisted investments during the period from 31 May 2018 to the date of this announcement.

2NAV total return is the sum of NAV per share and dividends paid per share since launch.

Issued on behalf of the Board

Maven Capital Partners UK LLP

Secretary

3 October 2018