AGM RESULT (8777G)

TIDMILV1

RNS Number : 8777G

Ingenious Live VCT 1 plc

19 May 2011

Ingenious Live VCT 1 plc (the "Company")

AGM RESULT

The board of the Company is pleased to advise that at the fourth Annual General Meeting of the Company held yesterday, all resolutions were approved unanimously on a show of hands.

Details of the proxy votes in respect of the resolutions passed at the Annual General Meeting received as at 3.30pm on 16 May 2011, 48 hours before the time of the meeting, are set out below:

 
 Resolution         For          Discretionary        Against            Total 
                No of    % of     No of     % of   No of     % of     No of    % of 
                votes   votes     votes    votes   votes    votes     votes   votes 
             --------  ------  --------  -------  ------  -------  --------  ------ 
     1        851,463   88.99   105,347    11.01       0        0   956,810     100 
             --------  ------  --------  -------  ------  -------  --------  ------ 
     2        851,463   88.99   105,347    11.01       0        0   956,810     100 
             --------  ------  --------  -------  ------  -------  --------  ------ 
     3        851,463   88.99   105,347    11.01       0        0   956,810     100 
             --------  ------  --------  -------  ------  -------  --------  ------ 
     4        851,463   88.99   105,347    11.01       0        0   956,810     100 
             --------  ------  --------  -------  ------  -------  --------  ------ 
     5        851,463   88.99   105,347    11.01       0        0   956,810     100 
             --------  ------  --------  -------  ------  -------  --------  ------ 
     6        847,713    88.6   105,347    11.01   3,750      0.4   956,810     100 
             --------  ------  --------  -------  ------  -------  --------  ------ 
     7        847,713    88.6   105,347    11.01   3,750      0.4   956,810     100 
             --------  ------  --------  -------  ------  -------  --------  ------

There were no votes withheld.

A copy of the resolutions approved at the Annual General Meeting will be submitted to the National Storage Mechanism and will shortly be available for viewing online at the following web-site address:

http://www.hemscott.com/nsm.do

Enquiries to:

Sarah Cruickshank

Company Secretary

Ingenious Live VCT 1 plc

15 Golden Square

London

W1F 9JG

Tel: 020 7319 4000

MHP Communications

Reg Hoare / Barnaby Fry / Simon Hockridge / Giles Robinson

Tel: 020 3128 8100