Issue of Equity

Matrix e-Ventures Fund VCT PLC 19 September 2000 Shareholder Update The Board is pleased to announce that a further 409,718 shares have been issued under the terms of Matrix e-Ventures VCT Plc's Offer for Subscription. Application has been made to the Official List of the UK Listing Authority for these shares to commence dealings on the London Stock Exchange Limited. The Offer for Subscription remains open for acceptance.
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