Conversion of Securities

Foresight Technology VCT PLC
17 January 2007



Conversion and redesignation of shares
Board composition


The Board of Foresight VCT plc announces that following approval at the EGM the
Ordinary Shares fund and C Shares fund have now merged.

The respective net asset values were calculated on 15 January 2007 at 56.03p per
Ordinary Share and 81.43p per C Share, and the conversion ratio has therefore
been calculated as 0.6880756.  Ordinary Shareholders will therefore receive
0.6880756 C Shares for each Ordinary Share held at the close of business on 15
January 2007.  Accordingly 14,791,348 Ordinary Shares were converted into
10,177,029 C Shares.  Following this conversion there were in aggregate
45,153,120 C Shares in issue, which have now been redesignated as 45,153,120 new
Ordinary Shares.

In addition, as explained in the EGM Circular, Roger Blears, Peter English and
David Royds have now resigned from the Board of the Company.

For further information please contact:

Gary Fraser, Foresight Venture Partners: 01732 471800




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