Pembroke VCT plc (the "Company")

Half-yearly Report for the six months ended 30 September 2022

The Directors are pleased to attach the Company's Half-yearly Report for the six months ended 30 September 2022.

The Company's unaudited net asset value per B Ordinary Share is 117.7p and its total return per B Ordinary Share (NAV plus cumulative dividends paid) is 147.7p as at 30 September 2022.

Click on, or paste the following link into your web browser, to view the associated PDF document:

http://www.rns-pdf.londonstockexchange.com/rns/6411G_1-2022-11-16.pdf

The Half-yearly Report may also be downloaded from the Company's website at www.pembrokevct.com.

For further information, please contact:

Andrew Wolfson / Chris Lewis

Pembroke Investment Managers LLP (Manager)

+44 20 7766 6900

Robin Smeaton

The City Partnership (UK) Limited (Company Secretary)

[email protected]

Keith Lassman

Howard Kennedy Corporate Services LLP

+44 20 3755 5561

Seven Hills PR

Gary O'Sullivan

0781 790 3406

[email protected]