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QUESTER VCT 5 (SVC3)

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Wednesday 17 December, 2003

QUESTER VCT 5

Additional Listing


                       Quester VCT 5 plc ('the Company')                       

The directors are pleased to announce that the Company has made a further
allotment of 266,955 ordinary shares of 1p each in the Company at a price of
98.842p per share under the 2003/04 offer for subscription announced on 14
November 2003.

It is expected that dealings will commence on Friday 19 December 2003.

For further information please contact John Spooner or Richard Drover at
Quester on 020 7222 5472.

17 December 2003