Net Asset Value(s)

Puma VCT III plc 2 October 2008 Puma VCT III plc ("the Company") As at the close of business on 31 August 2008, the estimated Net Asset Value per ordinary share ("NAV per share") of the Company was 93.82. This represents a loss of 0.1 per cent on the NAV per share since 31 July 2008. The estimated fully diluted NAV per share was 93.82p. ---END OF MESSAGE---