Half-year Report

Pembroke VCT plc (the "Company")

Half-yearly Report for the six months ended 30 September 2018

The Directors are pleased to attach the Company's Half-yearly Report for the six months ended 30 September 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/5524K_1-2018-12-14.pdf

The Half-yearly Report 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

For further information, please contact:

Pembroke VCT plc/ Oakley Investment Managers LLP (Manager)

020 7766 2836

Andrew Wolfson/ David Till

The City Partnership (UK) Limited (Company Secretary)

0131 243 7215

Doreen Nic

Cornerstone Communications

07917 080 365

Richard Acworth