Portfolio Update and Unaudited Net Asset Value

Maven Income and Growth VCT PLC

Portfolio Update and Unaudited Net Asset Value

The Directors of Maven Income and Growth VCT PLC (the Company) are pleased to confirm that, on 9 December 2015, the Company completed the disposal of its investment in Westway Services Holdings (2014) Limited.

As a result, the unaudited net asset value of the Company will increase by approximately 2.30p per share from the previously released figure of 66.0p per share as at 31 August 2015, representing an uplift of 3.62% after providing for the payment of the interim dividend of 2.40p per share on 27 November 2015.

Issued on behalf of the Board

Maven Capital Partners UK LLP

Secretary

9 December 2015