CLV Clipper Ven.

    Immediate Release: Monday 6th August 2007

                             Clipper Ventures PLC                              

                                (the "Company")                                

                            Maiden Dividend and A.G.M.                           

The Board of Clipper Ventures PLC has considered the recently published
preliminary results of the Company and is delighted to be able to confirm its
previously announced decision to propose a maiden dividend payment of 0.25p per
share at the forthcoming AGM. It is intended that this will be the first
dividend payment of a progressive dividend policy, including an interim
dividend in the year to April 08.

The proposed dividend payment timetable is as follows:

Ex Dividend Date 15th August 2007

Record Date 17th August 2007

Payment Date 14th September 2007

The A.G.M. of the Company will be held at 9.30am on 11th September 2007 at the
Company's offices, Granary and Bakery Building, Royal Clarence Yard, Weevil
Lane, Gosport. Notices of the A.G.M. will be sent to shareholders shortly.

Enquiries, please contact:

William Ward, Chief Executive, Clipper Ventures plc 02392 526000

Jeremy Knight, Finance Director, Clipper Ventures plc 02392 526000

Chris Roberts, Hansard Group 020 7245 1100

David Seal, Blue Oar Securities Plc 020 7448 4400



END

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