Result of AGM

6 Aug 2007 14:05

Close Brothers Venture Cap Tst PLC06 August 2007 CLOSE BROTHERS VENTURE CAPITAL TRUST PLC AGM Result At an Annual General Meeting of the Company held today, the Board of CloseBrothers Venture Capital Trust PLC is pleased to announce that the followingResolutions were passed: (i) that the Company shall continue as a Venture Capital Trust until theAnnual General Meeting of the Company in 2012; (ii) that a supplementary management agreement between the Company andClose Ventures Limited to amend certain arrangements relating to theremuneration payable to Close Ventures Limited was approved; and (iii) under Article 106 of the Articles of the Company the aggregateamount of the ordinary remuneration of the Directors be increased to an amountnot exceeding £100,000 per year. 6 August 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