Notification of Investments

Octopus Protected VCT plc
08 November 2007
Notification of Investments

In accordance with UKLA Listing Rule 15.6.8 (2), Octopus Protected
VCT plc announces that, as at 31 October 2007:
The ten largest investments by value and all investments with a value
greater than 5% of total assets consist of:

GS GI LIBOR Plus Mutual Fund              12.7%
Global Diversified Strategies Mutual Fund 12.5%
Citigroup Inc. FRN GBPLIB 3MO + 10.00BP    9.0%
GS Sterling Liquid Reserves                8.7%
BP Capital Markets plc 5.000%              7.2%
Halifax Plc 6.375%                         7.2%
HBOS Treasury Services Plc 4.625%          7.2%
BP Capital Markets plc 5.375%              7.1%
MBNA Europe Funding Plc 4.5%               6.9%
RBS FRN GBP US LIB 3MO + 3.00BP            6.9%
GE Capital UK Funding 4.75%                6.1%
HBOS Treasury Services Plc 4.375%          5.1%

ENDS

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