DJ Northern Aim VCT plc Interim Management Statement

15th September 2010



TIDMNNA

16 SEPTEMBER 2010

NORTHERN AIM VCT PLC

INTERIM MANAGEMENT STATEMENT
FOR THE QUARTER ENDED 31 JULY 2010

Northern AIM VCT PLC presents its interim management statement for the quarter
ended 31 July 2010. This constitutes the company's second interim management
statement for the financial year ending 31 October 2010, as required by the UK
Listing Authority's Disclosure and Transparency Rule 4.3. This statement has
been prepared solely to provide additional information in order to meet the
requirements of the Disclosure and Transparency Rules and should not be relied
on by shareholders, or any other party, for any other purpose.

The company's objective is to provide high long-term tax-free returns to
investors through a combination of dividend yield and capital growth, by
investing in a portfolio of investments mainly comprising holdings in UK
AIM-quoted and unquoted companies. The company is a venture capital trust
approved by HM Revenue & Customs and is required to comply on a continuing basis
with the provisions of Section 274 of the Income Tax Act 2007.

The unaudited net asset value (NAV) per ordinary share as at 31 July 2010 was
29.8p (30 April 2010 (unaudited) 32.8p).

For the purposes of calculating the net asset value per share, quoted
investments are carried at bid price as at 31 July 2010 and unquoted investments
are carried at fair value as at 31 July 2010 as determined by the directors.

The following table shows the movement in the company's NAV and share price and
the FTSE AIM All-Share index during the three months ended 31 July 2010:

31 July 2010 30 April 2010 Increase/decrease

during period



NAV per share 29.8p 32.8p -9.2%

Share price 25.0p 27.5p -9.1%

FTSE AIM All-Share index 685.7 729.1 -6.0%


There were no significant investment transactions during the three months ended
31 July 2010.

The number of ordinary shares in issue at 31 July 2010 was 22,321,112. During
the quarter ended 31 July 2010 no shares were allotted or bought back for
cancellation by the company.

The directors are not aware of any other events or transactions which have taken
place between 30 April 2010 and the date of publication of this statement and
which have had a material effect on the financial position of the company.


Enquiries:

Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191 244 6000
Website: www.nvm.co.uk



[HUG#1444899]








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originality of the information contained therein.

Source: Northern AIM VCT PLC via Thomson Reuters ONE

(END) Dow Jones Newswires

September 16, 2010 09:57 ET (13:57 GMT)