Annual Information Update

Close Brothers Dev VCT PLC
16 March 2007

                       CLOSE BROTHER DEVELOPMENT VCT PLC


                           ANNUAL INFORMATION UPDATE
                 From 27 April 2006 to 16 March 2007 inclusive



Close Brother Development VCT PLC ('the Company') announces that in accordance
with the requirements of the Prospectus Rule 5.2, the following information has
been published or made available to the public for the period from 27 April 2006
to 16 March 2007 in compliance with laws and rules dealing with the regulation
of securities, issuers of securities and securities markets.



For the purpose of this update, the information is only referred to and full
copies of each item can be found at the locations specified below.



1.    Announcements made via a Regulatory Information Service



Date                            Announcement

14 March 2007                   Doc Re: Final Accounts
12 March 2007                   Directorate change
5 March 2007                    Net Assets Value(s)
1 March 2007                    Total voting rights
1 March 2007                    Final results
1 February 2007                 Voting rights and capital
22 December 2006                Voting rights and capital
12 December 2006                Transaction in own shares
7 December 2006                 FSA Document viewing facility
30 November 2006                Dividend Declaration
17 November 2006                Transaction in Own Shares
26 October 2006                 Transaction in Own Shares
26 September 2006               Transaction in Own Shares
26 September 2006               Transaction in Own Shares
21 September 2006               Interim Results
6 July 2006                     Annual Reports and Accounts
6 June 2006                     Transaction in Own Shares
23 May 2006                     Transaction in Own Shares
11 May 2006                     Dividend Declaration
27 April 2006                   Annual Information Update



2.    Documents filed at Companies House



Date                    Form no.     Filing

15 January 2007         169(1B)      Purchase of own shares for holding in treasury
15 January 2007         169          G169 share redemption
15 January 2007         169(1B)      Purchase of own shares for holding in treasury
15 January 2007         169(1B)      Purchase of own shares for holding in treasury
11 December 2006        AA           Interim accounts made up to 31/10/06
21 November 2006        363s         Return made up to 21/10/06; Bulk list available separately; 
                                     Secretary's particulars changed
16 October 2006         169(1B)      Purchase of own shares for holding in treasury
6 October 2006          288c         Secretary's particulars changed
27 September 2006       AA           Interim accounts made up to 30/06/06
26 September 2006       169          G169 share redemption
26 September 2006       169          G169 share redemption
26 September 2006       169          G169 share redemption
25 May 2006             AA           Interim accounts made up to 31/03/06
2 May 2006              AA           Full accounts made up to 31/12/05



3.    By post to shareholders


Date                 Document

February 2007        Final report and accounts for the year ended 31 December 2006
February 2007        Invitation to Annual General Meeting
February 2007        Letter to shareholders re: conversion of C shares to Ordinary shares
September 2006       Interim report for the six months to 30 June 2006




4.    Location of Full text of all Announcements and Filings


Copies of announcements made via a Regulatory Information Service may be
obtained from the website of Regulatory News Service provided by the London
Stock Exchange at www.londonstockexchange.com and any related documents are
available at the UKLA's Document Viewing Facility, Financial Services Authority,
25 The North Colonnade, Canary Wharf, London E14 5HS


Copies of the documents filed at Companies House can be found on the Companies
House website at www.companieshouse.gov.uk or can be obtained from Companies
House, Crown Place, Cardiff CF14 3UZ



5.    Accuracy of Information



In accordance with Article 27(3) of the Prospectus Directive Regulation, it is
acknowledged that whilst the information referred to above was up to date at the
time of publication, such disclosure may, at any time, become out of date due to
changing circumstances.



Further information regarding the Company and its activities is available at
www.closeventures.co.uk









Close Ventures Limited
Company Secretary
CLOSE BROTHERS DEVLOPMENT VCT PLC
16 March 2007






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