Investment Policy

Strategic Equity Capital PLC
08 December 2005



STRATEGIC EQUITY CAPITAL PLC


The Board of Strategic Equity Capital plc (the 'Company') announces that it is
the Company's policy to invest no more than 15% of its gross assets in other
listed investment companies (including listed investment trusts).


8 December 2005


For further information, please contact:


SVG Capital plc

Alice Todhunter                      020 7010 8925

                      This information is provided by RNS
            The company news service from the London Stock Exchange