Issue of Equity and Total Voting Rights

Crown Place VCT PLC The second allotment of New Ordinary Shares of nominal value 10 pence per share in Crown Place VCT PLC under the Albion VCTs Linked Top Up Offer (which was launched on 1 November 2010) took place on 22 March 2011 at an issue price of 35.4 pence per New Ordinary Share. Applications for 1,833,102 New Ordinary Shares in Crown Place VCT PLC were received. The net proceeds of the Offer to date to Crown Place VCT PLC are approximately £1,253,000. The Offer will remain open until 12 noon on 5 April 2011 unless fully subscribed and closed earlier. Application has been made to the Financial Services Authority for 1,833,102 New Ordinary Shares to be admitted to the Official List and to the London Stock Exchange for the New Ordinary 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 shares will commence on or before, 8.00 a.m. on 29 March 2011. As at this second closing of the Albion VCTs Linked Top Up Offer on 22 March 2011, applications (across all seven of the Albion VCTs) totalling £8,559,000 were received, and have been met in full. Due to recent fluctuations in the pound: Euro exchange rate and the amount of investors who have elected to have their tax-free dividends reinvested, in accordance with the "Offer Document" Albion anticipate that the fundraising limit under this offer will be capped at approximately £13.3m. Further details of the Albion VCTs Linked Top Up Offer (including the Investor Guide and Offer Document issued on 1 November 2010) can be found at www.albion- ventures.co.uk. Following this allotment, and, in conformity with the Transparency Directive's transitional provision 6 we would like to notify the market of the following: Crown Place VCT PLC's capital today consists of 82,443,121 Ordinary shares with a nominal value of 10p each.  Crown Place VCT PLC holds 7,260,410 shares in Treasury. Therefore, the total number of voting rights in Crown Place VCT PLC is 75,182,711 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, Crown Place VCT PLC under the FSA's Disclosure and Transparency Rules. For further information, please contact: Patrick Reeve 020 7601 1850 Albion Ventures LLP 23 March 2011 This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Crown Place VCT PLC via Thomson Reuters ONE [HUG#1499380]
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