Issue of Equity

Close Technology & General VCT PLC
03 April 2006


Close Technology & General VCT PLC

3rd April 2006

C Share issue

The Board of Close Technology & General VCT PLC is pleased to announce the
allotment of 479,122 New C shares at 100p per C Share under the Company's power
to allot pursuant to Section 95(1) of the Companies Act 1985.  Following the
issue of these C Shares, the total number of C Shares in issue will be
35,479,122.

Applications have been named to the Financial Services Authority for 479,122
Shares to be admitted to the Official List and to the London Stock Exchange for
the C Shares to be admitted to trading on the London Stock Exchange's market for
listed securities.

It is expected that Admission will become effective, and that dealings in the C
Shares will commence, at 8.00am on 4th April 2006.



Enquiries

Patrick Reeve
Close Venture Management Limited                              Tel: [phone]

John West
Tavistock Communications                                      Tel: [phone]


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