Issue of Equity

BioScience VCT plc
08 April 2003

BIOSCIENCE VCT PLC



ISSUE OF EQUITY



BioScience VCT plc announces that on 4 April 2003 the Company issued and
allotted 22,075 new ordinary shares of 50p each respectively.  The issued share
capital of the Company is now 7,232,175 ordinary shares.  The new shares were
issued for cash at a price of 100p each.



Application will be made for admission of the new ordinary shares to trading on
the London Stock Exchange as soon as practicable.




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