5 October 2017

Starvest Plc ("Starvest" or "the Company")

Net Asset Value Update at 30 September 2017

The Company announces the net asset value as at the close of business on 30 September 2017 as follows:

All valuations are based on the closing market bid prices or lower directors' valuation as described in the 2016 annual report.  The discounts applied to bid prices at 30 September 2017 totalled £143,016.

The mining sector recovery continued during the quarter to 30 Sept 2017 and our portfolio value and cash generation through trading profits reflect this. Improvements in the sector and a more favourable global economic outlook have provided confidence to global markets. Following the improved conditions, we have seen a year-on-year positive move in net asset value of approximately 48%. Currently we are experiencing an increased interest in our portfolio positions and upside potential from the improving market. As such our year-on-year rise in market capitalisation is at around 270%. We look forward to adding further significant opportunities in the coming weeks.

Investors are encouraged to view our RNS feed on the Starvest web site www.starvest.co.uk/announcements/

Enquiries to:

Starvest PLC

Callum Baxter  Chairman/CEO  07922 255 933  cbaxter@starvest.co.uk

Grant Thornton UK LLP (Nomad)

Colin Aaronson or Harrison Clarke  02073 835 100

SI Capital Ltd (Appointed Broker)

Nick Emerson  01483 413 500