RUG Renn Universal

TR-1 : notification of major interests in shares

1.Identity of the issuer or the underlying issuer of                             RENN Universal Growth
existing shares to which voting rights are attached:                             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 financial instruments which may result
in the acquisition of shares already issued to which voting rights
are attached

An event changing the breakdown of voting rights

Other (please specify):__________________________

3. Full name of person(s) subject to the notification
obligation:                                                                      Nicholas John Greenwood

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

5. Date of the transaction (and date on which the
threshold is crossed or reached if different):                                   24/3/2014

6. Date on which issuer notified:                                                24/3/2014

7. Threshold(s) that is/are crossed or reached:                                  4%

8. Notified details:


A: Voting rights attached to shares

Class/    Situation previous to the    Resulting situation after the triggering
type of   Triggering transaction       transaction
shares
          Number of  Number of Voting  Number   Number of voting    % of voting
 if       Shares     Rights            of       rights              rights
possible                               shares
using the
ISIN CODE                              Direct   Direct   Indirect   Direct Indirect

          386,134    386,134           592,667  592,667             4.5%


B: Financial Instruments

Resulting situation after the triggering transaction

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

N/A         N/A          N/A            N/A                                 N/A


Total (A+B)

Number of voting rights                     % of voting rights

592,667                                     4.5%

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

N/A

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: