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Apollo VCT 1 plc (OAP1)

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Tuesday 23 January, 2007

Apollo VCT 1 plc

Issue of Equity






APOLLO VCT 1 plc (the "Company")

23 January 2007

ISSUE OF EQUITY

Apollo VCT 1 plc announces that at a board meeting held on 22 January
2007, 299,991  Ordinary  Shares of  10  pence each  were  issued  and
allotted to 14 subscribers  at a price of  100 pence per share  under
the Offer for Subscription.  The current issued share capital of  the
Company is now  3,092,248 Ordinary  Shares, all of  which are  voting
shares.

Application for the new 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.

ENDS

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