Replacement Director/PDMR Shareholding

Maven Income and Growth VCT 5 PLC

Notification of transactions of directors, persons discharging managerial responsibility or connected persons - Replacement

The issuer advises that the following replaces the Maven Income and Growth VCT 5 PLC - Director/PDMR announcement released at 15:19 BST on 1 August 2014.

The reference to the price at which the shares were purchased on 31 July 2014 has been corrected to state 32.25p.

All other details remain unchanged.

The full amended version is shown below.

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

1) Name of company Maven Income and Growth VCT 5 PLC

2) State whether notification is in respect of a transaction notified in accordance with DR 3.1.4R(1)(a) or DR 3.1.4R(1)(c) or both

Both

3) Name of director Charles Whiteford Young

4) State whether notification relates to a person(s) connected with a person discharging managerial responsibilities/director named in 3 above, and identify the connected person(s)

As in 3

5) Indicate whether notification is in respect of a holding of the person named in 3 or 4 above or in respect of a non-beneficial interest

As in 3

6) Class of security Ordinary 10p shares7) Name of the registered shareholder(s) and, if more than one holder, the number of shares held by each of them (if notified)

Pershings Nominees Ltd AIC SHCLT 40,000 Ordinary 10p shares

Dr Sharon Moiran Midgley Young 23,110 Ordinary 10p shares

8) State the nature of the transaction.

Purchase9) Number of shares/amount of stock acquired 20,000

10) Percentage of issued class acquired

0.03% 11) Number of shares/amount of stock disposed -12) Percentage of issued class disposed -

13) Price per share 10,000 shares at 30p

10,000 shares at 32.25p14) Date of transaction 10,000 shares on 30/07/2014

10,000 shares on 31/07/2014

15) Total holding and percentage holding of issued class following this notification

63,110 Ordinary shares of 10p (0.09%)

16) Date company informed 1 August 2014

Name of contact and telephone number for queriesD Russell

Telephone: 0141 206 0107

Name and signature of authorised company official responsible for making this notification

Maven Capital Partners UK LLP, Secretary

Date of Notification - 1 August 2014