HARGREAVE HALE AIM VCT PLC

AGM Information • Feb 11, 2011

HARCREAVEHALE AIM VCT I Plc

Administration Offce HarSreave Hale Ltd ⁹- 11 Neptune Court Whitehills Business Park Blackpool FY4 5|.z

Tefephone +44 (0) 1253 621575 Fax +44 (0) 12s3 294228 aimvct@hargreave.com

Company Number: 5206425

Notice of Special Business

of

Hargreave Hale AIM VCT 1 Plc

At an Annual General Meetint of the above named Company, duly convened and held at 19 Cavendish Squarg London W1A 2AW on 10 February 2011the following resolutions were passed as special business, Resolution 6 as an Ordinary Resolution and Resolutions 7 and 8 as Special Resolutions.

Resolution 6

THAT, in substitution for odsting authorities to the extent unused, the Oirectors be and are hercby generalv and unconditionally authorised in accordance with Section 551 of the Companies Act 2C[}6 ("the Act") to exercise all the powers of the Company to allot ordimry shares of lp ("Ordinary Shares") each in the capital of the Company and to grant rights to subscribe for or convert any security into Ordinary Shares in the Comparry ("Rights") up to an aggregate nominal value of €U0,000, this authority to expire on the earlier of the concluslon of the Companys next annual general meeting in 2012 and the expiry of 15 months from the passing of this resolution (unless previously revoked, varied or extended by the Company in teneral meetind, but so that this authority shall allow the Company to make before the expiry of this authority offe6 or agreements which would or might require Ordinary Sha.es to be allotted or Rights to be ganted after such expiry.

Resolution 7

THAT, in substitution for any existing power under Section 570 of the A€t, but without prejudice to the e)(ercise of any such power pfior to the date hereof, the Directors be and are hereby empowered during the period commencing on the passing of this resolution and expiring on the conclusion of the Compan/s next annual general meeting in 2Ot,2 or on the expiry of 15 months from the date of the passing of this resolution, whichever is the earlier (unless prwiously revoked, vaded or renewed by the Company in general meeting pursuant to Section 570 of the Act), to allot equity secu ties (as defined in Section 560{1) and 5@(2} of the Act} for cash pursuant to the authority given in accordance with Section 551 of the Act, pursuant to resolution (6) above, or by way of sale of treasury shares, as if Section 561 of the Ad did not apply to any such allotment or sale, but so that this authority shall allow the Company to make offers or agreements before the expiry and the DirectoB may allot equity securities in pursuanoe of sudr offerc or agreements as if the powers conferred hereby had not so expired.

Reglsteted Ofice: 19 C.wndlsh Squ.re, London WlA 2AW. Inco,por.ted in Enghnd and Wales, ComFErry numbe.052@fi15

Resolution 8

THAT in substitution for any existing authority but without prejudice to the exercise of any such power prior to the date hereof, the Company be generally and unconditionally authorised to make one or more market purchases (within the meaning of Section 163(3) of the Act) of Ordinary Shares on such terms and in such manner as the Directors may determine (either for cancellation or for the retention as treasury shares for future re-issue, transfer or cancellation) provided that:

• a) the maximum aggregate number of Ordinary Shares authorised to be purchased is such number thereof being 14.99% of the issued share capital;
• b) the maximum price which may be paid for an Ordinary Share is an amount equal to the maximum amount permitted to be paid in accordance with the rules of the UK Listing Authority in force as at the date of purchase:
• c) the minimum price which may be paid for an Ordinary Share is its respective nominal value;
• d) this authority shall expire at the conclusion of the Company's next annual general meeting in 2011 or on the expiry of 15 months following the passing of the resolution, whichever is the earlier (unless previously revoked, varied or renewed by the Company in general meeting); and
• e) the Company may make a contract or contracts to purchase Ordinary Shares under this authority before the expiry of the authority which will or may be executed wholly or partly after the expiry of the authority, and may make a purchase of Ordinary Shares in pursuance of any such contract or contracts.

Company Secretary