Annual Financial Report

Pembroke VCT plc (the "Company")

Annual Report & Financial Statements for the year ended 31 March 2018

The Directors are pleased to attach the Company's annual report and financial statements for the year ended 31 March 2018.

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

http://www.rns-pdf.londonstockexchange.com/rns/2754V_1-2018-7-20.pdf

The annual report and financial statements for the year ended 31 March 2018 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:

Pembroke VCT plc

+44 20 7766 6900

Peter Dubens

Cornerstone Communications

+44 7917 080 365

Richard Acworth

Oakley Investment Managers LLP (Manager)

+44 20 7766 6900

Andrew Wolfson/Tamara Warren

The City Partnership (UK) Limited (Company Secretary)

+44 131 510 7465

Doreen Nic