Andrew John Davison

The Company's principal activity is that of a Venture Capital Trust. The objective of the Company is to hold a portfolio of VCT qualifying investments, which will mostly comprise new issues by companies quoted on AIM or being admitted to AIM and that these companies will have or are expected to have good opportunities for growth in shareholder value, an experienced and incentivised management team, a healthy balance sheet with low gearing, and proven operational and financial controls. The Company revoked its status as an Investment Company on 29-Jun-2004 upon the payment of a capital distribution. The Company has been approved by the HM Revenue & Customs as a Venture Capital Trust for the purposes of Section 842 AA of the Income and Corporation Taxes Act 1988. Investment management services are provided by Rathbone Investment Management Ltd for a fee calculated at 1.8% of net assets per annum.

ProVen VCT Plc is a generalist fund. It invests in a diversified portfolio of the United Kingdom based unquoted companies. ProVen VCT was founded on January 18, 2000 and is headquartered in London, the United Kingdom.

The Company's principal activity is that of a Venture Capital Trust. The objectives of the Company are to invest at least 70% of its investments in qualifying companies by 30-Sep-2007; to obtain and maintain its VCT status; to target a tax-free cash return to shareholders of 30p per £1 invested, by 31-Jul-2008; and thereafter to pay regular dividends. The Company is an Investment Company within the meaning of Section 266 of the Companies Act 1985. The Company has been approved by the HM Revenue and Customs as a Venture Capital Trust for the purposes of Section 842AA of the Income and Corporation Taxes Act 1988. Investment management services are provided by Rathbone Investment Management Ltd for a fee calculated at 1.8% of net assets per annum, together with 60% of any performance incentive fees payable.

Pucklechurch Development Co. Ltd. is a British company that owns and manages industrial estate properties. The private company is based in Tetbury, UK.

Downing Income VCT 3 Plc is a venture capital trust. The company's investment objectives are to invest in a diversified portfolio of venture capital investments; and to maintain VCT status so that the company and its shareholders may benefit from the tax reliefs and exemptions available under the VCT legislation. Downing Income VCT 3 was founded on December 08, 1995 and is headquartered in London, the United Kingdom.

A.M.B. Investments Ltd. is a British real estate company that provides real estate services. The private company is based in St. George, UK. The company was founded in 1960.