Statement re Annual General Meeting

17 March 2016

Tern Plc

(AIM: TERN)

Conclusion of AGM

Tern Plc ("Tern" or "the Company"), the AIM quoted investment company specialising in the cloud and mobile sector of the IT market, is pleased to announce that at the Annual General Meeting held earlier today in respect of the accounts of the Company for the period ended 31 December 2015, all resolutions were duly approved unanimously.

Enquiries

Tern plc                                                                                  Tel: 07973 561232
Angus Forrest, Chairman

WH Ireland                                                                            Tel: 0117 945 3471
John Wakefield

Peterhouse Corporate Finance (Joint broker)                  Tel. 020 7469 0936