Directorate Change

Maven Income and Growth VCT 3 PLC

Appointment of Director

The Board of Maven Income and Growth VCT 3 PLC is pleased to announce the appointment of Mr Atul Devani as a Non-executive Director with effect from 5 April 2014. Mr Devani will also serve on the Company's Audit, Management Engagement, Nomination and Remuneration Committees.

Mr Devani is Chief Executive Officer of BSG Wireless. He has held a number of senior positions in software technology companies operating in the financial sector and was formerly Founder and CEO of AiM listed United Clearing Plc which was sold to BSG in 2006. Atul is currently a director and investor of a number of private limited companies and is also Mentor of Entrepreneurs at the Company of Information Technologists in City of London.

Atul has a First Class Honours Degree in Electronic Engineering from the University College of North Wales and is married with 3 children.

In relation to this appointment, there is no additional information required to be disclosed pursuant to Listing Rule 9.6.13 R.

Maven Capital Partners UK LLP

Secretary

03 January 2014