Statement re NAV and Dividend Investment Scheme

Maven Income and Growth VCT 3 PLC

Net Asset Value (NAV) - Dividend Investment Scheme (DIS)

The Board of Maven Income and Growth VCT 3 PLC (the Company) has announced previously that the NAV per share of the Company as at 31 August 2017 was 84.01p and that, in respect of the year ending 30 November 2017, second and third interim dividends of 5.14p and 6.67p per share would be paid on 15 September 2017 and 30 November 2017 to Shareholders on the register at close of business on 18 August 2017 and 3 November 2017 respectively. Furthermore, in respect of Shareholders who had, by no later than 17 November 2017, elected to participate in the DIS, the Company will use the amount paid in respect of the third interim dividend to subscribe for new ordinary shares of 10p each in the Company (Ordinary Shares) to be issued at a price equivalent to the latest announced NAV per share.

The Board confirms that, following the payment of the above dividends, the effective NAV per share of the Company will be 72.20p and that this will be the price used in the calculation of the number of Ordinary Shares to be allotted under the DIS, the issue of which will be confirmed in a separate announcement in due course.

Issued on behalf of the Board

Maven Capital Partners UK LLP

Secretary

17 November 2017