Offer fully subscribed

British Smaller Companies VCT PLC
31 March 2006


BRITISH SMALLER COMPANIES VCT PLC


31 March 2006


CLOSE OF OFFER FOR SUBSCRIPTION


The Directors of British Smaller Companies VCT plc announce that the Offer for
Subscription for the tax year 2005/06 is now closed for further applications.


An allotment announcement will be made on 3 April 2006.


END




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