Unaudited Net Asset Value and Interim Dividend

Maven Income and Growth VCT 3 PLC

Unaudited Net Asset Value and Interim Dividend

The Directors of Maven Income and Growth VCT 3 PLC ("the Company") confirm that the unaudited net asset value of the Company as at 31 May 2019 was 61.97p per Ordinary Share.

As Shareholder's will be aware from recent Annual and Interim Reports, the Company does not follow a fixed dividend policy and decisions on distributions take into consideration the availability of surplus revenue, the realisation of capital gains, the adequacy of distributable reserves and the VCT qualifying level. These factors are all kept under close and regular review by the Board and the Manager, who recognise the importance of tax-free distributions to Shareholders. During 2017 and 2018, the Company made a number of enhanced dividend payments, which occurred out with the normal dividend payment cycle and were the result of a build-up of distributable reserves and the requirement to maintain ongoing compliance with the VCT regulations.

The Board is pleased to declare that an interim dividend in respect of the year ending 30 November 2019, of 2.00p per Ordinary Share, will be paid on 30 August 2019 to Shareholders on the register at close of business on 2 August 2019. Since the Company's launch, and after receipt of this latest dividend, 84.17p per share will have been distributed in tax-free dividends. It should be noted that the effect of paying dividends is to reduce the NAV of the Company by the total cost of the distribution.

The Company has in place a Dividend Investment Scheme (DIS) through which Shareholders may elect to have their dividend payments used to apply for new Ordinary Shares issued by the Company under the standing authority requested from Shareholders at Annual General Meetings. Shares issued under the DIS should qualify for VCT tax reliefs applicable for the tax year in which they are allotted. Terms & conditions of the scheme, together with a mandate form, are available from the Company's website at: www.mavencp.com/migvct3.

Shareholders who have not previously applied to participate in the DIS and who wish to do so in respect of the dividend payable on 30 August 2019, should ensure that a mandate form, or CREST instruction if appropriate, is received by Link Asset Services prior to the dividend election date of 16 August 2019.

Further to the information disclosed above, the Directors confirm that they are satisfied that all inside information (as defined by Article 7 of the Market Abuse Regulation (596/2014/EU)) that the Directors and the Company may have in their possession relating to the Company during the 30 day closed period leading up to the announcement of its interim results for the six months ended 31 May 2019 has been or will be notified to a regulatory information service.

Issued on behalf of the Board

Maven Capital Partners UK LLP

Secretary

2 July 2019