Net Asset Value(s)

Maven Income and Growth VCT PLC

Net Asset Value and Proposed Final Dividend

The Directors of Maven Income and Growth VCT PLC (the Company) confirm that the unauadited net asset value of the Company as at 29 February 2012 was 67.9p per Ordinary Share.

The Directors are recommending the payment of a final dividend of 3.5p per Ordinary Share (comprising 0.5p revenue and 3.0p capital), in respect of the year ended 29 February 2012, to be paid on 20 July 2012 to Shareholders on the register at close of business on 22 June 2012.

In accordance with Listing Rule 15.5.1, and further to the information disclosed above, the Directors confirm that they are satisfied that all inside information (as defined by Section 118C of the Financial Services and Markets Act 2000) that the Directors and the Company may have in their possession relating to the Company during the period leading up to the announcement of its financial results for the year ended 29 February 2012 has been notified to a regulatory information service.

Issued on behalf of the Board

Maven Capital Partners UK LLP

Secretary

18 May 2012