Northern 3 VCT PLC.
Statement re Dividend Policy
17 FEBRUARY 2012
NORTHERN 3 VCT PLC
REVIEW OF DIVIDEND POLICY
The directors of Northern 3 VCT PLC ("the Company") review the Company's dividend policy regularly in the light of the Company's financial performance and developments in general VCT market practice. Following their latest review the directors are pleased to announce that for the year ending 31 March 2012 and until further notice the company's objective will be to pay an annual dividend of not less than 5.0p per share. Accordingly it is envisaged that in the absence of unforeseen circumstances the directors will in due course propose a final dividend of not less than 3.0p per share in respect of the year ending 31 March 2012, which is expected to be paid in July 2012.
Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191 244 6000
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Source: Northern 3 VCT PLC via Thomson Reuters ONE