Circ re. Extraordinary General Meeting

Octopus AIM VCT PLC

8 June 2010

Issue of Circular relating to an EGM

Octopus AIM VCT PLC (the "Company") announces that further to a regulatory
announcement made on 26 March 2010 regarding the Company's distributable
reserves, a circular (the "Circular") has today been issued by the Company and
will be posted to its shareholders shortly.

The Circular convenes an Extraordinary General Meeting to be held on 1 July
2010 at which resolutions will be proposed to both address share buybacks
effected and dividends paid by the Company in the financial years 2008/2009 and
2009/2010 which had not been made in accordance with the Companies Act 2006, and
to place the Company into the position to allow it to pay dividends and to
resume its share buyback policy.

A copy of the Circular has been submitted to the UK Listing Authority, and will
be available for inspection at the UK Listing Authority's Document Viewing
Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS

For further information, please contact:

Celia Whitten - Company Secretary
Octopus AIM VCT PLC
8 Angel Court
London EC2R 7HP
020 7710 2849









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