AGM Statement

Venture Life (AIM: VLG), a leader in developing, manufacturing and commercialising products for the self-care market, will hold its Annual General Meeting ("AGM") at 10:00am this morning. At the meeting, the Group's Chair, Paul McGreevy will make the following statement:

"On behalf of the Board, I would once again like to take this opportunity to thank Venture Life's employees for their ongoing commitment and support. The business continues to perform well and our increased focus on promoting the VLG owned brands is delivering pleasing results, with an additional 35 new listings secured within UK retail since the beginning of the year. We remain confident about the outlook for the year ahead and our ability to deliver full year performance in line with management's expectations. Further commentary over first half trading will be provided as part of our usual business update in July."

Resolution 10 has been withdrawn prior to the commencement of the AGM as certain of the Company's shareholders had indicated that they would not be supportive of the resolution. Resolution 10 was the proposed disapplication of pre-emption rights in order for the Board to allot equity securities of up to an aggregate nominal amount of £37,949.46. The Board had proposed Resolution 10 as it considered the flexibility afforded by this authority to be in the best interests of the Company and will consider further engagement with the opposing shareholders on this matter in the future.