6 October 2020

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

Net Asset Value at 30 September 2020

Starvest PLC (LON:SVE), the London Stock Exchange AIM-listed specialist mining and resources investment business, announces a Net Asset Value update as at 30 September 2020.

Callum Baxter, Chairman and CEO, commented: "We are pleased with the significant appreciation in portfolio value over recent months. The decision to steer the investment portfolio toward gold stocks over the past 18 months has been a rewarding strategy. Share price and the Company's market capitalisation have increased more than 700% compared to a year ago, while the underlying portfolio has gained more than 750%. Our hand-picked portfolio constituents have achieved excellent returns for our shareholders. In particular, Greatland Gold plc and to a lesser extent Ariana Resources plc were key contributors to the portfolio's appreciation. We believe that the long-term outlook for gold prices remains favourable and we remain committed to our strategy."

The net asset value as at 30 September 2020 was as follows:

All valuations are based on the closing market price.

Starvest is a specialist mining and resource investment company and has the industry knowledge and market exposure to select compelling opportunities early in the investment cycle.

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

Callum N Baxter

Chairman & Chief Executive

6 October 2020

Enquiries to:

Starvest PLC

Callum Baxter or Gemma Cryan  02077 696 876  info@starvest.co.uk

Grant Thornton UK LLP (Nomad)

Colin Aaronson, Harrison Clarke or Seamus Fricker  02073 835 100

SI Capital Ltd (Broker)

Nick Emerson or Alan Gunn  01483 413 500