TIDMDO1O 
 
Downing Protected Opportunities VCT 1 plc 
15 October 2009 
Offers for Subscription 
 
Downing Protected Opportunities VCT  1 plc (the "Company")  announces 
that it has  published a  Prospectus (comprising  a Securities  Note, 
Registration Document and Summary) to raise, in aggregate, up to  GBP20 
million (the "Offers"). 
 
The  Company  has  also  published  a  Circular  seeking  shareholder 
approval for matters in connection with the Offers and giving  notice 
for a General Meeting to be held on 11 November 2009. 
 
The Offers opened  on 15 October  2009 and are  expected to close  no 
later than 5 April 2010 in the case of the 2009/10 Offer and 30 April 
2010 in the case of  the 2010/11 Offer (unless previously  extended). 
 The Offers are for up to 20,000,000 B Shares and up to 20,000,000  C 
Shares in the Company. The B Shares will be issued at a price of 99.9 
pence each and the C Shares at a price of 0.1 pence each. 
 
To obtain  a  copy of  the  Securities Note,  private  investors  and 
financial advisers should call 020 7416 7780. A downloadable  version 
of the Prospectus will also be available from www.downing.co.uk. 
 
A copy of the Prospectus is also available, free of charge, from  the 
Company's registered office: 
 
Downing Corporate Finance Limited 
Kings Scholars House 
230 Vauxhall Bridge Road 
London SW1V 1AU 
 
The Prospectus and Circular have been submitted to the UKLA, and will 
be available for inspection at the UKLA's Document Viewing  Facility, 
which is situated at: 
 
Financial Services Authority 
25 The North Colonnade 
Canary Wharf 
London E14 5HS 
 
=--END OF MESSAGE--- 
 
 
 
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement. 
 

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