Appointment of broker

12 October 2015

Pembroke VCT plc (the "Company")

Appointment of Broker

The Board of the Company is pleased to announce the appointment of Panmure Gordon (UK) Limited as the Company's corporate broker, with immediate effect.

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

Stewart Porter / Andrew Wolfson

The City Partnership (UK) Limited (Company Secretary)

0131 243 7210

Doreen Nic