Issue of Equity

BioScience VCT plc
13 February 2004


BIOSCIENCE VCT PLC

13 FEBRUARY 2004

ISSUE OF EQUITY

BioScience VCT plc announces that on 10 February 2004 the Company issued and
allotted 10,000 new ordinary shares of 50p each. The issued share capital of the
Company is now 7,367,287 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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