Downing THREE VCT plc
8 January 2015
Result of General Meeting
At the General Meeting ("GM") of Downing THREE VCT plc, held on Thursday 8 January 2015, all resolutions were passed.
Details of the proxy votes in respect of the GM resolutions which were received by 12:00 pm on 6 January 2015, being 48 hours before the time of the meeting (excluding weekends), at Downing LLP are set out below:
| For | Discretionary | Against | Withheld | ||
| Resolution No. | No. of | No. of | No. of | Total | No. of |
| Votes | Votes | Votes | Votes Cast | Votes | |
| % of votes | % of votes | % of votes | % of votes | ||
| 1 | 2,728,695 | 223,632 | - | 2,952,327 | - |
| 92.43% | 7.57% | 0.00% | 100.00% | ||
| 2 | 2,692,508 | 223,632 | 117,107 | 3,033,247 | 117,787 |
| 88.77% | 7.37% | 3.86% | 100.00% | ||
| 3 | 2,692,508 | 223,632 | 198,707 | 3,114,847 | - |
| 86.44% | 7.17% | 6.39% | 100.00% | ||
| 4 | 2,686,628 | 223,632 | 122,987 | 3,033,247 | - |
| 88.57% | 7.37% | 4.06% | 100.00% | ||
| 5 | 2,728,695 | 223,632 | 117,107 | 3,069,434 | 81,600 |
| 88.90% | 7.28% | 3.82% | 100.00% | ||
| 6 | 2,701,915 | 223,632 | 143,887 | 3,069,434 | 81,600 |
| 88.03% | 7.28% | 4.69% | 100.00% | ||
| 7 | 2,691,615 | 244,232 | 133,587 | 3,069,434 | 81,600 |
| 87.69% | 7.95% | 4.36% | 100.00% |
A copy of all the resolutions passed will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do.