NORTHERN 3 VCT PLC

AGM Information • Jul 17, 2014

NORTHERN 3 VCT PLC Company number: 4280530

The following resolution was passed at the annual general meeting of the company's shareholders on Wednesday 16 July 2014

That the articles of association of the Company be amended as follows: $12$

Article 139 shall be amended by adding the following sentence to the end of that a Article:

"A document or information made available by making it available on a website shall be deemed to have been received on the date on which notification of availability on the website is deemed to have been received in accordance with this article or, if later, the date on which it is first made available on the website."

$\mathbf b$ by inserting in numerical order the following new Article 142A:

"142A Where a document or information has been made available by making it available on a website the following requirements must be satisfied:

the member has agreed (generally or specifically) that the notice, document $(a)$ or information may be sent or supplied to him by being made available on a website (and has not revoked that agreement);

the member is sent a notification of the presence of the notice, document or $(b)$ information on a website, the address of that website, the place on that website where it may be accessed, and how it may be accessed ("notification of availability");

in the case of a notice of meeting, the notification of availability states that $(c)$ it concerns a notice of a company meeting, specifies the place, time and date of the meeting, and states whether it will be an annual general meeting or an extraordinary general meeting; and

the notice, document or information continues to be published on that $(d)$ website, in the case of a notice of meeting, throughout the period beginning with the date of the notification of availability and ending with the conclusion of the meeting, and in all other cases throughout the period specified by any applicable provision of the Acts, or, if no such period is specified, throughout the period of 28 days beginning with the date on which the notification of availability is sent to the member, save that if the notice, document or information is made available for part only of that period then failure to make it available throughout that period shall be disregarded where such failure is wholly attributable to circumstances which it would not be reasonable to have expected the Company to prevent or avoid."

CD Mellor Company Secretary