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Spark VCT PLC (KAY)

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Tuesday 31 March, 2009

Spark VCT PLC

Directorate Changes


SPARK VCT plc ("SPARK VCT" or "the Company")

Appointment of Directors

SPARK VCT announces that David Adams and Greg Lockwood were appointed to the
Board as non-executive directors on 30 March 2009.

David Adams has over 25 years of experience as a corporate lawyer, including 19
years as a corporate partner at leading London law firm, Travers Smith, acting
predominantly for small to mid cap UK and overseas quoted companies and UK
financial intermediaries and advising on mergers and acquisitions, fund raising
and other corporate transactions.  David retired from the legal profession in
June 2006 and now acts as an independent consultant providing strategic and
transaction advice. He is currently the non-executive chairman of a private
property company.

Greg Lockwood has been involved in backing growth ventures for 13 years. He was
a director in the corporate finance department of UBS, and in 1999 moved to the
UBS Capital division to found a captive fund investing in communications
technologies. In 2002 Greg helped outsource this operation, which included
investments in Wolfson Microelectronics and Betfair, through the set up of an
independent firm. By 2006 this fund was almost fully exited by which time Greg
had started to invest privately in internet marketplace businesses. This
activity is currently being formalised as Piton Capital.

Greg Lockwood has taken over from Tom Sooke as Chairman of the Audit Committee
with effect from 30 March 2009. Jock Birney, Tom Sooke and Christopher Wright
will retire by rotation at the forthcoming annual general meeting and will not
be seeking re-election.

Robin Field who joined the Board on 21 January 2009 will be proposed as
Chairman at the forthcoming annual general meeting.

Robin Field commented:

"I look forward to working with the newly constituted Board and with SPARK on
generating good returns for shareholders."

No further disclosures are required under Rule 9.6.13 (1), (2), (3), (4), (5)
or (6) of the Listing Rules.

For further information please contact:

Nghi Tran, SPARK VCT PLC: 0207 851 7777

31 March 2009