RUG Renn Universal

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying
issuer of existing shares to which voting rights
are attached:                                        RENN Universal Growth Investment Trust PLC

2. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights                                          x

An acquisition or disposal of qualifying financial instruments which
may result in the acquisition of shares already issued to which voting
rights are attached

An acquisition or disposal of instruments with similar economic effect
to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to
the notification obligation:                      Armstrong Investments Limited

4. Full name of shareholder(s)                        Nortrust Nominees Limited
(if different from 3.):

5. Date of the transaction and date
on which the threshold is crossed or
reached:                                                       18 February 2014

6. Date on which issuer notified:                              19 February 2014

7. Threshold(s) that is/are crossed
or reached:                                                            Below 10%

8. Notified details:

A: Voting rights attached to shares

Class/type of   Situation previous      Resulting situation after the triggering
shares          to the triggering       transaction
                transaction

if possible     Number      Number      Number      Number of voting       % of voting rights
using           of          of          of shares   rights
the ISIN CODE   Shares      Voting
                            Rights      Direct      Direct     Indirect    Direct  Indirect

GB0007325185    1,785,000   1,785,000   1,685,000   1,685,000              9.66%



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial  Expiration   Exercise/            Number of voting      % of voting
instrument         date         Conversion Period    rights that may be    rights
                                                     acquired if the
                                                     instrument is
                                                     exercised/ converted.



C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments

Resulting situation after the triggering transaction

Type of        Exercise Expiration   Exercise/    Number of voting     % of voting rights
financial      price    date         Conversion   rights instrument
instrument                           period       refers to
                                                                       Nominal    Delta



Total (A+B+C)

Number of voting rights         Percentage of voting rights

1,685,000                       9.66%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

Nortrust Nominees for Armstrong Investments Limited


Proxy Voting:

10. Name of the proxy holder:                                               N/A

11. Number of voting rights proxy holder will
cease to hold:                                                              N/A

12. Date on which proxy holder will cease to hold
voting rights:                                                              N/A

13. Additional information:

14. Contact name:

15. Contact telephone number: