Issue of Equity

Foresight 4 VCT PLC
06 April 2005


Foresight 4 VCT plc


Allotment of Shares


The Board is pleased to announce that in accordance with the terms of the Offer
for Subscription dated 18 March 2005 (the 'Offer'), 2,239,116 ordinary shares of
5 pence each were allotted on 5 April 2005 at 30.60 pence per share.

Application has been made for the admission of the 2,239,116 ordinary shares to
the Official List of the UK Listing Authority and to trading on London Stock
Exchange plc's market for listed securities.


Total shares allotted to date by the Company now total 2,239,116 ordinary
shares.

For further information please contact:

Gary Fraser, Foresight Venture Partners:                          01732 471 800


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