Annual Financial Report

30 July 2016

Pembroke VCT plc (the "Company")

Annual Report & Financial Statements for the year ended 31 March 2016

The Directors are pleased to attach the Company's annual report and financial statements for the year ended 31 March 2016.

Click on, or paste the following link into your web browser, to view the associated PDF document.

http://www.rns-pdf.londonstockexchange.com/rns/7587F_-2016-7-30.pdf

The annual report and financial statements for the year ended 31 March 2016 may also be downloaded from the Company's website at www.pembrokevct.com.

For further details about the Company please either visit the Company's website:

Pembroke VCT plc

www.pembrokevct.com

or contact:

Oakley Investment Managers LLP (Manager)

+44 20 7766 6900

Peter Dubens / Andrew Wolfson

The City Partnership (UK) Limited (Company Secretary)

0131 243 7210

Doreen Nic