Net Asset Value

Elderstreet VCT plc
2 June 2008

Elderstreet VCT plc announces that its unaudited Net Asset Value per
Ordinary share at 28 May 2008 stood at 89.9p per share.

After adjusting for the dividend of 3.5p per Ordinary Share, which
will be paid on 17 June 2008 to Shareholders on the register at 9 May
2008, the adjusted Net Asset Value per Ordinary Share stands at
86.4p.

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