Reconstruction of Ordinary Shares

Foresight VCT plc - Reconstruction of Share Capital

The  Board of Foresight VCT plc announces  that, following the completion of the
merger  with Keydata Income VCT 1 plc and Keydata Income VCT 2 plc and following
Shareholder  approval at  the general  meetings on  18 and 19 February 2011, the
reconstruction  of  the  Ordinary  Shares  in  Foresight  VCT  plc such that the
underlying  net asset value (NAV) of each  Ordinary Share was rebased to 100.0p
has now been effected.

The  total number of  Ordinary Shares in  issue prior to  the reconstruction was
54,004,889 and the NAV of each Ordinary Share was 55.44p.

The reconstruction will result in Ordinary Shareholders' holdings being adjusted
by a ratio of 0.554417986 per Ordinary Share held at the close of business on 1
March  2011 resulting  in  29,941,281 new  Ordinary  Shares  being in issue. The
remaining  balance of  Ordinary Shares  will be  redesignated as,  in aggregate,
24,063,608 deferred shares.

All  of the deferred shares will be repurchased by the Company for a nominal sum
of 1p in aggregate in accordance with the articles of association and cancelled.

Following  this  conversion  and  redesignation  there  will  be,  in aggregate,
29,941,281 Ordinary   Shares   in   issue  each  with  an  NAV  of  100.0p. The
reconstruction  of  the  Ordinary  Share  capital  of Foresight VCT plc does not
impact the value of Shareholders' holdings.

The ISIN of the Ordinary Shares is GB00B68K3716



For further information please contact:



Gary Fraser, Foresight Group: 01732 471800







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Source: Foresight VCT PLC via Thomson Reuters ONE

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