TIDMPUMD 
 
15 September 2010 
 
Puma VCT IV plc (the "Company") 
 
Directorate Changes 
 
The  Company announces  that David  Brock has  tendered his resignation from the 
Board of the Company to take effect on Wednesday, 15(th) September 2010 in order 
to  comply with Listing Rule 15.2.11 once the transitional provisions set out in 
LR  TR1.2-3 expire. Mr Brock continues as a  director of Puma VCT III plc, which 
shares a parallel investment strategy with the Company. 
 
The  Company wishes to thank Mr Brock for his contribution to the Company during 
his period as a director and wishes him well for the future. 
 
The  Board  of  the  Company  is  pleased  to announce that Adam Teeger has been 
appointed as a non-executive director. 
 
Adam  Henry Teeger is aged 45. He is a founder partner of Ethemba Capital LLP, a 
specialist  emerging markets focussed private equity fund advisor. Over the past 
four  years  he  has  been  actively  involved  in  advising on both buy-out and 
development capital transactions in multiple countries including Egypt, Croatia, 
Israel, Macedonia, Montenegro, and Turkey. 
 
Prior  to  joining  Ethemba  Capital  LLP,  he  was  a director of Shore Capital 
Limited,  the  asset  management  arm  of  Shore  Capital  Group Limited, with a 
particular focus on growth capital and private equity opportunities.  He has had 
previous  experience  of  the  venture  capital  trust  sector  and was actively 
involved  in the  development, launch  and management  of the first four venture 
capital  trusts launched  by Shore  Capital (Puma  VCT and  Puma VCT II in early 
2005 and  Puma VCT  III and  IV in  2006). As such  he is very familiar with the 
particular  investment  strategy,  approach  and  focus  of  the Puma VCTs. Adam 
started  his  career  as  a  banking  lawyer  with Clifford Chance in London and 
Amsterdam and is admitted as a solicitor in the UK. 
 
Adam  is a director of Industrogradnja d.d.  which is listed on the Zagreb Stock 
Exchange. 
 
There are no further disclosures to be made in accordance with the Listing Rules 
of the Financial Services Authority. 
 
 
 Enquiries: 
 
 
 Shore Capital 020 7408 4090 
                               Graham Shore 
 
 
 
 
 
 
[HUG#1444650] 
 
 
 
 
 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: PUMA VCT IV PLC via Thomson Reuters ONE 
 

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