Net Asset Value(s)

Pembroke VCT plc (the "Company")

Net Asset Value per Share

The Company announces that the unaudited net asset values per share as at 31 December 2017 are 111.05p per Ordinary Share and 101.33p per B Ordinary Share.

For further information, please 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