Appointment of Broker

ELDERSTREET DOWNING VCT plc 5 AUGUST 1999 Elderstreet Downing VCT plc announces that Shore Capital and Corporate Limited and Shore Capital Stockbrokers Limited have resigned as joint sponsor and broker to the Company respectively with immediate effect. Messrs Howard Kennedy continue to act as sponsor to the Company and Rathbone Neilson Cobbold have been appointed as broker.
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