Issue of Equity

British Smaller Companies VCT PLC
08 March 2005


BRITISH SMALLER COMPANIES VCT PLC

8 March 2005

ALLOTMENT OF C SHARES

The Directors of British Smaller Companies VCT plc announce the allotment of
122,155 C shares of 50 pence each at £1 per share on 8 March 2005



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