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Hygea VCT plc (HYG)

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Thursday 03 April, 2008

Hygea VCT plc

Issue of Equity

Hygea VCT plc
03 April 2008

For Immediate Release                                               3 April 2008

                                 Hygea VCT plc
                           ('Hygea' or 'the Company')

                                Issue of equity

The directors of Hygea VCT plc (the 'Company') are pleased to announce an
allotment on 2 April 2008 of 100,200 ordinary  shares of 50 pence each
('Ordinary Shares') at a price of 50 pence each pursuant to the 10% Top Up Offer
announced on  19 March 2008.

Application will be made for the Ordinary Shares to be admitted to the Official
List of the UK Listing Authority and to  trading on the London Stock Exchange's
market for listed securities and dealings are expected to commence within the 
next ten days.

The Offer remains open until 30 April 2008.

As part of this subscription, James Otter, a non-executive director of the
Company, subscribed for 6,000 Ordinary Shares. This results in Mr Otter holding
a total of 14,050 Ordinary Shares being 0.18% of the then enlarged Ordinary
Share Capital.

The Company now has 7,630,391 Ordinary Shares in issue.

For further information please contact:

Beaumont Cornish Limited
5th Floor
10-12 Copthall Avenue
London EC2R 7DE
Tel: 020 7628 3396
Fax: 020 7628 3393.

Contact: Neil Osmond, Company Secretary, Hygea VCT plc on 020 7866 5420 or

Roland Cornish, Beaumont Cornish Limited on 020 7628 3396

                      This information is provided by RNS
            The company news service from the London Stock Exchange