FAME Fram. Aim Vct

    FRAMLINGTON AIM VCT PLC

Issue of Equity

The Company announces that on 5 April 2005 it has allotted and issued a further
5,409,891 new ordinary shares of 10p each under the offer for subscription at a
price of 100p. The Company now has 23,335,231 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.

5 April 2005

For further information please contact:

Nick Hodgson at Framlington Investment Management Limited on 020 7374 4100



END

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