FRAMLINGTON AIM VCT PLC

Issue of Equity

The Company announces that on 29 April 2005 it has allotted and issued a
further 1,645,258 new ordinary shares of 10p each under the offer for
subscription at a price of 100p. The Company has a total of 24,980,489 ordinary
shares in issue. The offer is now closed.

29 April 2005

For further information please contact:

Nick Hodgson at Framlington Investment Management Limited on 020 7374 4100



END



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