FAME Fram. Aim Vct

    Framlington AIM VCT PLC

Issue of Equity

The Company announces that it has allotted and issued a further 5,540,388 new
ordinary shares of 10p each under the offer for subscription at a price of
100p. The Company now has 17,925,340 ordinary shares in issue.

The offer remains open and the Board will look to make further allotments of
shares at regular intervals up to a total of �30 million. In the event of this
sum not being reached beforehand, the offer will close on 29 April 2005.

31 March 2005

For further information please contact:

Nick Hodgson at Framlington Investment Management Limited on 020 7374 4100



END

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