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Ingenious Ent VCT 1 (IE1D)

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Tuesday 24 April, 2012

Ingenious Ent VCT 1

Publication of a prospectus

Publication of a prospectus

Ingenious Entertainment VCT 1 plc

Ingenious Entertainment VCT 1 plc

24 April 2012

Offer for Subscription - Supplementary Prospectus

Ingenious Entertainment VCT 1 plc (the “Company”) announces that it has today published a supplementary prospectus with Ingenious Entertainment VCT 2 plc in respect of the Offer for Subscription of up to, in aggregate, 15,000,000 ‘G’ ordinary shares of 1p each (‘G’ Shares) comprising up to 7,500,000 ‘G’ Shares in the share capital of each VCT at an issue price of 100p per ‘G’ Share together with an over-allotment facility of up to, in aggregate, a further 10,000,000 ‘G’ Shares comprising 5,000,000 ‘G’ Shares in the share capital of each VCT (the “Supplementary Prospectus”).

The Supplementary Prospectus is required as a consequence of the Company having published its annual report and accounts for the year ended 31 December 2011 on 5 April 2012.

The Supplementary Prospectus has been approved by the UK Listing Authority and will shortly be available to view at the online viewing facility of the National Storage Mechanism at the following website address: http://www.hemscott.com/nsm.do.

A copy of the Prospectus and Supplementary Prospectus is available, free of charge, from the offices of Ingenious Media Investments Limited at:

15 Golden Square

London W1F 9JG

or from the website of the Company at:

www.ingeniousvcts.co.uk

or from the Company’s Sponsors, Howard Kennedy Corporate Services LLP, from its offices which are situated at:

19 Cavendish Square

London W1A 2AW.

Enquiries to:

Sarah Cruickshank

Company Secretary

Ingenious Entertainment VCT 1 plc

15 Golden Square

London

W1F 9JG

0207 319 4000

MHP Communications

Reg Hoare / Barnaby Fry / Simon Hockridge / Giles Robinson

Tel: 020 3128 8100

ingenious@mhpc.com