Doc re. Close Period

Close Brothers Dev VCT PLC
30 April 2008

                       CLOSE BROTHERS DEVELOPMENT VCT PLC




Further to the announcement of 7 April regarding the extension of the Company's
close period for the purchase of own shares pending the sale of a substantial
investment, the Company confirms that the sale is still under negotiation, and
therefore the close period will continue for the time being.  A further
announcement will be made at the earlier of the sale of the investment (or the
termination of negotiations) and 31 May 2008.





30 April 2008





For further information please contact:



Close Ventures Limited - tel: [phone]




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