STRATEGIC EQUITY CAPITAL PLC (THE "COMPANY")

    Issue of Equity

    26 May 2015

    The Company announces that it has today allotted 900,000 new ordinary shares of
    10 pence each at a price of 218.25p pence per share (before expenses) from its
    block listing facility of 23 January 2015. The shares rank pari passu with the
    existing ordinary shares in issue.

    Following this issue, the Company has the ability to issue 2,082,878 ordinary
    shares under its block listing facility.

    The issue of ordinary shares is being made in order to meet market demand. The
    proceeds of the issue will be used in further pursuing the investment
    objectives of the Company.

    Total Voting Rights

    As a result of this issue, the Company's issued share capital consists of
    60,701,013 ordinary shares.  Each of the ordinary shares carries one voting
    right.  No shares are held in Treasury. The figure of 60,701,013 may be used by
    shareholders as the denominator for the calculations by which they will
    determine if they are required to notify their interest in, or change to their
    interest in the Company, under the Disclosure and Transparency Rules.

    Enquiries:

    GVQ Investment Management Limited                         020 3691 6100
    Stuart Widdowson
    Theresa Russell

    Canaccord Genuity Limited                                 020 7523 8000
    Andrew Zychowski
    Helen Goldsmith

    Capita Sinclair Henderson Limited (Secretary)             01392 412 122