Growth Capital

Puma VCT III 2009 Annual Report

Highlights

Fully diluted NAV per share of 90.08p at year end (down 6.0% for the year).
Final dividend of 2.50p per ordinary share.
Cumulative dividends to date (including Final) of 4.00p per ordinary share.
Portfolio of qualifying AiM stocks has recovered significantly since the year end.