Proposed Change of Name/Notice of General Meeting

28 May 2015

Posting of Circular and Notice of General Meeting

Henderson Value Trust plc

(the "Company")

Proposed Change of Name

Posting of Circular and Notice of General Meeting

The Company announces that it has today posted a circular ("Circular") to Shareholders containing a notice convening a general meeting of the Company ("General Meeting") to be held at 201 Bishopsgate, London EC2M 3AE at 11 a.m. on Friday 19 June 2015. The Circular is available on the Company's website, at www.hendersonvaluetrust.com. A copy of the circular has also been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.morningstar.co.uk/uk/nsm.

The Circular contains a special resolution for the proposed change of name of the Company, to Henderson Alternative Strategies Trust plc. The Board believes this name better reflects the composition of the Company's portfolio of alternative and specialist investments and reinforces that we are seeking to deliver global equity market returns through a distinct and differentiated approach, including access to specialist funds not otherwise available through the market.

For further information, please contact:

James de Sausmarez

Director, Head of Investment Trusts, Henderson Global Investors

Telephone: 020 7818 3349

Sarah Gibbons-Cook

Investor Relations and PR Manager, Henderson Global Investors

Telephone: 020 7818 3198

Neil WinwardCorporate Broking

Stifel Nicolaus Europe LimitedTelephone: 020 7710 7600