RENN UNIVERSAL GROWTH INVESTMENT TRUST PLC (the “Company”)

The Company was notified on 1 April 2014 that Mr G. Russell Cleveland, President
and CEO of RENN Capital Group, Inc., the Investment Manager of the Company, has
sold 70,001 Ordinary shares at the Tender Price of 297.0036 pence per share as
part of the Company's recent Tender Offer.

Following this transaction, Mr Cleveland is now interested in a total of
210,003 Ordinary shares of the Company (representing 1.61% of the total voting rights),
as follows:

G. Russell Cleveland – 3,753 shares

RENN Capital Group, Inc. – 75,000 shares

Cleveland Family Limited Partnership – 131,250 shares

2 April 2014