Hazel Renewable Energy VCT2 plc
27 March 2012
At the Annual General Meeting of Hazel Renewable Energy VCT2 plc held today, all resolutions were passed.
Details of the proxy votes in respect of the resolutions passed at the Annual General Meeting received as at 11.10am on 25 March 2012, 48 hours before the time of the meeting (excluding weekends), at Downing LLP are set out below:
| For | Discretionary | Against | Withheld | ||
| Resolution No. | No. of Votes | No. of Votes | No. of Votes | No. of Votes | Total Votes |
| % of votes | % of votes | % of votes | % of votes | ||
| 1 | 2,303,157,675 | - | - | - | 2,303,157,675 |
| 100.00% | 0.00% | 0.00% | 100.00% | ||
| 2 | 2,252,152,500 | - | 51,005,175 | - | 2,303,157,675 |
| 97.79% | 0.00% | 2.21% | 100.00% | ||
| 3 | 2,303,157,675 | - | - | - | 2,303,157,675 |
| 100.00% | 0.00% | 0.00% | 100.00% | ||
| 4 | 2,303,157,675 | - | - | - | 2,303,157,675 |
| 100.00% | 0.00% | 0.00% | 100.00% | ||
| 5 | 2,303,157,675 | - | - | - | 2,303,157,675 |
| 100.00% | 0.00% | 0.00% | 100.00% | ||
| 6 | 2,303,157,675 | - | - | - | 2,303,157,675 |
| 100.00% | 0.00% | 0.00% | 100.00% | ||
| 7 | 2,252,152,500 | - | 51,005,175 | - | 2,303,157,675 |
| 97.79% | 0.00% | 2.21% | 100.00% | ||
| 8 | 2,277,555,675 | - | - | 25,602,000 | 2,277,555,675 |
| 100.00% | 0.00% | 0.00% | 100.00% | ||
| 9 | 2,020,397,500 | - | 257,158,175 | 25,602,000 | 2,277,555,675 |
| 88.71% | 0.00% | 11.29% | 100.00% | ||
| 10 | 2,303,157,675 | - | - | - | 2,303,157,675 |
| 100.00% | 0.00% | 0.00% | 100.00% |
A copy of the resolutions passed will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do.