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Technology Stocks : MeVC Draper Fisher Jurvetson Fund (MVC, XMVCX)

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To: Topannuity who started this subject3/6/2003 11:48:29 PM
From: Glenn Petersen  Read Replies (1) of 180
 
MVC Shareholders Elect Millenco Slate According to Preliminary Vote Tally

NEW YORK--(BUSINESS WIRE)--Feb. 28, 2003--Millennium Partners, LP

("Millennium") today announced that, according to a preliminary vote tally, MVC Capital (NYSE:MVC, "the Fund") shareholders voted to elect Millenco LP and its affiliates' nominees by a margin of approximately four and a half to one at today's annual meeting.

"We are extremely gratified by today's results, which reflect overwhelming shareholder support for change at MVC," said Millennium Managing Director Robert Knapp. "We remain dedicated to maximizing the value of the Fund for all MVC shareholders, and we are eager to begin our work."

Millennium welcomes comments and suggestions from MVC shareholders at mevcshareholders@yahoo.com. For more information, shareholders can visit www.mevcshareholders.com.

CONTACT:

Citigate Sard Verbinnen, New York

Media:

Paul Caminiti

Kim Levy

Keil Decker

212/687-8080

or

Millennium Partners, New York

Investors:

Robert Knapp

212/841-4100

SOURCE: Millennium Partners, LP

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02/28/2003 14:47 EASTERN
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