THE ZERO PREFERENCE GROWTH TRUST PLC

The Company announces the results of the Annual General Meeting held on 27
November 2007, as follows:

Resolution 1, to receive the Report of the Directors and the audited financial
statements for the year ended 31 July 2007, was passed.

Resolution 2, to receive and approve the Directors' remuneration report, was
passed.

Resolution 3, to re-elect Mr Ross as a Director, was passed.

Resolution 4, to re-appoint KPMG Audit PLC as Auditors and to authorise the
Directors to determine their remuneration, was passed.

Resolution 5, authority to allot shares under Section 80 of the Companies Act
1985, was withdrawn.

Resolution 6, authority to allot shares under Section 95 of the Companies Act
1985, was withdrawn.

Resolution 7, authority to make market purchases of Growth shares was passed.

Resolution 8, authority to make market purchases of Zero Dividend Preference
shares was passed.

Resolution 9, authority to issue shares previously held in treasury at a
discount to net asset value was withdrawn.

27 November 2007