Additional Listing

Close Brothers Aim Vct PLC 09 March 2005 9 March 2005 Close Brothers AIM VCT PLC New 'D' Shares Allots a further 2,582,970 New 'D' Shares in respect of the Offer The Board of Close Brothers AIM VCT is pleased to announce that a further 2,582,970 New 'D' Shares have been allotted under the current Offer for Subscription. Following this issue there are 7,230,963 'D' Shares in issue giving a total portfolio size of £8.2m at the unaudited net asset value at last nights close of business. Dealings in the further 2,582,970 New 'D' Shares allotted in respect of the Offer are expected to commence on 10th March 2005. The further New 'D' Shares rank pari passu in all respect with the existing 'D' Shares save that the first dividend the New 'D' Shares will be entitled to will be the interim dividend in respect of the period ending 31st August 2005. As announced on 6 January 2005, the New 'D' Shares have been issued in accordance with the Pricing Formula referred to in the Prospectus dated 25th October 2005. The Pricing Formula in respect of the current allotment is based on the unaudited net asset value of a 'D' Share on 8th March 2005 of 113p per 'D' Share divided by 0.95, to allow for issue costs of 5 per cent, rounded up to the nearest half pence per share. This produced an issue price per New 'D' Share, in respect of the current allotment, of 119p. The Offer is expected to remain open until 1st April 2005. Future allotments of New 'D' Shares under the Offer will continue to be based on the Pricing Formula as referred to in the Prospectus dated 25 October 2004. At the end of February the 'D' Share portfolio comprised 20 qualifying investments. The manager is currently seeing a healthy pipeline of both new and existing AIM listed companies raising money at reasonable valuations and anticipate making several additional investments in the forthcoming months. Further enquiries: Andrew Buchanan/Kate Tidbury Close Investment Ltd Tel 020 7426 4000 Lennart Norstrand Brewin Dolphin Tel 020 7246 1176 This information is provided by RNS The company news service from the London Stock Exchange


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