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Spark VCT PLC (KAY)

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Friday 19 November, 2010

Spark VCT PLC

Interim Management Statement


SPARK VCT plc ('the Company')

Interim Management Statement

This Interim Management Statement for the quarter ended 30 September 2010 is
unaudited and is provided in accordance with Rule 4.3 of the UK Listing
Authority's Disclosure and Transparency Rules. The statement also includes
relevant information from the period from 1 October 2010 to the date of issue.
The Statement has been prepared solely to provide information in order to meet
the relevant requirements of the Disclosure and Transparency Rules, and should
not be relied on by shareholders, or any other party, for any other purpose.

Net Asset Value ("NAV")

The NAV as at 30 September 2010 was 18.5p per share, after the payment of the
interim dividend of 1p per share (30 June 2010:18.8p per share).

Net assets per share, before payment of the 1p interim dividend, moved ahead
from 18.8p at 30 June 2010 to 19.5p as at 30 September 2010, continuing the
upward movement in net assets reported for the first half year. The increase in
NAV included a net operating profit in the quarter of 0.7p per share (mainly
representing gain on disposal of investments). The investment in Community
Internet Group Limited was sold for £1,125,000, a gain of £914,000 over the
valuation as at 30 June 2010.

The successful sale of Community Internet Group Limited follows the sale of the
investment in Secerno Limited to Oracle Corporation reported in the Half Yearly
Report, and brings the net total of realised gains on disposal of investments
in the year to date to £1,576,000.

The interim dividend of 1p per share was paid to shareholders on 24 September
2010 (£1.1m).

Share Capital

The number of ordinary shares in issue is unchanged as at 30 September 2010 and
continues to be 110,370,141.

Other than described above, the Board is not aware of any events during the
period from 1 October 2010 to the date of this statement which would have had a
material impact on the financial position of the Company.

Issued on behalf of the Board

Nghi Tran

Company Secretary

19 November 2010

For further information please contact:

Rawlings Financial PR Limited Tel: 01653 618016

Catriona Valentine catriona@rawlingsfinancial.co.uk

SPARK Venture Management Limited

Tel: 0207 851 7777

Email: contact@sparkvct.com