Form of Proxy

SERAPHIM SPACE INVESTMENT TRUST PLC

BD Client Code:

Client Name:

Number of Shares Held in a BD Nominee Company:

No.	Proposition		For	Against	Abstain
1	AUTHORISE ISSUE OF C SHARES IN CONNECTION WITH THE FUNDRAISING
2	AUTHORISE ISSUE OF C SHARES WITHOUT PRE-EMPTIVE RIGHTS IN CONNECTION WITH THE FUNDRAISING
3	ADOPT NEW ARTICLES OF ASSOCIATION