Talisman First VCT: Change of Adviser | Company Announcements

Wednesday 10 June, 2009

Talisman First VCT

Change of Adviser

RNS Number : 6893T

Talisman First Venture Cap Tst PLC

10 June 2009

TALISMAN FIRST VENTURE CAPITAL TRUST PLC (THE COMPANY)

The senior executives of the private equity division of Aberdeen Asset Managers, the Company's Manager, have completed a management buyout of that business and have formed Maven Capital Partners UK LLP (Maven) as a specialist, independent private equity investment manager.

Having reviewed the existing management contract and the performance of the Manager, and having made enquiry about the resources and viability of Maven, the Board has decided to novate the management contract in favour of Maven, with effect from 9 June 2009.

By order of the Board

Maven Capital Partners UK LLP

Secretary

10 June 2009

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