Issue of Equity

Elderstreet VCT plc
1 April 2010
Issue of Equity

The Directors of Elderstreet VCT plc announce an allotment on 1 April 2010 of
1,540,945 ordinary shares of 5p each issued at a price of 76.0p per share
pursuant to the Offers for Subscription that opened on 1 December 2010.

Application for the Shares to be admitted to the Official List of the UK Listing
Authority  and  to  trading  on  the  London  Stock Exchange's market for listed
securities will be made at the earliest practical opportunity.


[HUG#1400456]