Growth Capital

2007 VCT III Annual Report and Accounts

Highlights

Fully diluted NAV per share of 97.40p for Puma VCT III plc at year end (down 0.6% since inception, down 3.7% for the year).
Five qualifying investments made in 2007, a total of £2m. Approximately £3.9m qualifying investments made subsequent to year-end.
Dividend of 1.5p proposed per Ordinary Share.