Publication of a prospectus

 
TIDMIE1C

Ingenious Entertainment VCT 1 plc

20 April 2011

Offer for Subscription - Supplementary Prospectus

Ingenious Entertainment VCT 1 plc (the "Company") announces that it has today published a supplementary prospectus with Ingenious Entertainment VCT 2 plc in respect of the Offer for Subscription of up to, in aggregate, 10,000,000 'E' ordinary shares of 1p each ('E' Shares) and of up to, in aggregate, 10,000,000 'F' ordinary shares of 1p each ('F' Shares) to raise up to GBP20 million together with an over-allotment facility of up to, in aggregate, a further 5,000,000 'E' Shares and, in aggregate, a further 5,000,000 'F' Shares, in each case at an issue price of 100p each (the "Supplementary Prospectus").

The Supplementary Prospectus is required as a consequence of the Company having published its annual report and accounts for the year ended 31 December 2010 on 14 April 2011.

The Supplementary Prospectus has been approved by the UK Listing Authority and will shortly be available to view at the online viewing facility of the National Storage Mechanism at the following website address: http://www.hemscott.com/nsm.do.

A copy of the Prospectus and Supplementary Prospectus is available, free of charge, from the offices of Ingenious Media Investments Limited at:

15 Golden SquareLondon W1F 9JG

or from the website of the Company at:

http://www.ingeniousvcts.co.uk/entertainment-vct-e-f-share

or from the Company's Sponsors, Howard Kennedy, from its offices which are situated at:

19 Cavendish SquareLondon W1A 2AW.

Enquiries to:

Sarah CruickshankCompany SecretaryIngenious Entertainment VCT 1 plc15 Golden SquareLondonW1F 9JG

0207 319 4000

MHP CommunicationsReg Hoare / Barnaby Fry / Simon Hockridge / Giles RobinsonTel: 020 3128 8100ingenious@mhpc.com

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