Issue of Equity

Proven Growth and Income VCT plc
18 March 2011
Issue of Equity

The  Directors of Proven Growth and Income  VCT plc announce an allotment on 18
March  2011 of 2,404,441 ordinary  shares of  1.6187p each issued  at a price of
90.6p per  share  pursuant  to  the  Offers  for Subscription that opened on 10
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.

The  Offers for Subscription  are expected to  remain open until 5 April 2011 in
respect  of the 2010/2011 tax year and  31 May 2011 in respect of the 2011/2012
tax year unless previously extended or fully subscribed earlier.






This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: Proven Growth & Income VCT plc via Thomson Reuters ONE

[HUG#1498243]