Offer for Subscription and Issue of Prospectus

Elderstreet VCT Plc
22 December 2010
Offer for Subscription and Issue of Prospectus

Elderstreet VCT plc ("the Company") has launched an offer for subscription for
ordinary shares of 5p each to raise up to £7 million ("the Offer"). Full details
of the Offer are contained in a prospectus ("the Prospectus") issued by the
Company, dated 21 December 2010.

The Offer opened on 21 December 2010 and will close at 1.00 p.m. on 30 April
2011 (unless fully subscribed by an earlier date or otherwise extended or closed
at the Directors' discretion). Persons intending to apply for ordinary shares
under the Offer for the 2010/2011 tax year should note that the deadline for
such applications is 1.00 p.m. on 5 April 2011.

The Prospectus has been submitted to the Financial Services Authority and will
shortly be available for inspection at the National Storage Mechanism, which is
located at:



http://www.hemscott.com/nsm.do


For further information please contact:

William Horlick
Elderstreet Investments Limited
Telephone [phone]







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Source: Elderstreet VCT plc via Thomson Reuters ONE

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