Net Asset Value(Replacement)

ProVen VCT plc 21 March 2008 Net Asset Value The announcement entitled "Net Asset Value" released at 17:05 on 20 March 2008 as HUG1202828 referred to the Board of ProVen Growth & Income VCT plc. It should have referred to the Board of ProVen VCT plc. The full corrected text of the announcement is as follows: Following a reduction in the valuation of one of the qualifying investments held in the Ordinary share portfolio, the Board of ProVen VCT plc announces a provisional Net Asset Value for the Ordinary shares of 86.9p. This is based on the Net Asset Value as at 31 January 2008, as adjusted by the reduction in the valuation of the qualifying investment. The Net Asset Value of the 'C' Shares is unaffected. The valuation of the VCT for the year ending 29 February 2008 is currently in progress and the draft unaudited Net Asset Value as at 29 February 2008 will be announced on around 31 March 2008. ---END OF MESSAGE---