APO1 Apollo Vct 1

    APOLLO VCT 1 plc (the "Company")

5 April 2007

ISSUE OF EQUITY

Apollo VCT 1 plc announces  that at a board  meeting held on 4  April
2007, 877,150  Ordinary  Shares of  10  pence each  were  issued  and
allotted to 31 subscribers  at a price of  100 pence per share  under
the Offer for Subscription.  The current issued share capital of  the
Company is now  7,496,902 Ordinary  Shares, all of  which are  voting
shares.

Application for the new 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 at the  earliest
practical opportunity.

ENDS

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Copyright � Hugin ASA 2007. All rights reserved.

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