Net Asset Value

Elderstreet VCT plc
Net Asset Value
Elderstreet VCT plc announces that its unaudited net asset value at
31 October 2008 was 76.3p per Ordinary Share.
The Company's venture capital investment portfolio (unaudited) at 31
October 2008 is summarised as follows:

                                              Cost Valuation
                                             £'000     £'000
Wessex Advanced Switching Products Limited      60     2,673
Snacktime plc                                1,625     1,848
Baldwin & Francis (Holdings) Limited           690     1,719
Smart Education Limited                      1,403     1,175
Lyalvale Express Limited                       915     1,027
weComm Limited                                 850       745
The Engine Group Limited                       600       726
Fords Packaging Systems Ltd                     83       542
Access Intelligence plc                        633       403
AngloINFO Limited                              328       328
Servoca plc                                    350       291
Mears Group plc                                264       252
Interquest Group plc                           351       241
Cashfac Initiative Limited                     260       197
Sift Ltd                                       250       188
Kellan Group plc                               656       141
The QSS Group Limited                          267       135
Rosebowl plc                                   187       125
Melorio plc                                    200       114
Northwest Transport Supplies Limited           101       101
Veterinary Practise Initiatives Limited        100       100
Alterian plc                                   125        82
Infoserve plc                                  150        76
The National Solicitors Network Ltd            901        75
Expansys plc                                   202        13
Sparesfinder Limited                           104        12
Lanchon Holdings Limited                         5         5
Business Meetings ASP Limited                   13         -
Component Source Inc                           250         -
Oldbury Aluminium Alloys Group Limited       1,375         -
Shopcreator Limited                            375         -
Total                                       13,674    13,334

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