OCTOPUS VCT PLC
4 January 2010

Issue of Equity

The Directors of Octopus VCT plc are pleased to announce a further allotment on
4 January 2010 of 815,968 Ordinary shares of 1p each (?Ordinary Shares?) at a
price of 100 pence per share pursuant to the Offer that opened on 17 September
2009.

Application for the Ordinary Shares to be admitted to the Official List of the
UK Listing Authority and to trading on the London Stock Exchange?s market for
 listed securities will be made shortly and dealings are expected to commence on
7 January 2010.

The Company now has 2,881,884 Ordinary Shares in issue.

The Offer is expected to remain open until 5.00 p.m. on 30 April 2010 unless
previously extended or fully subscribed earlier.
For further information please contact:

Celia Whitten
Company Secretary
020 7710 2849


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