Octopus Titan VCT 1 plc



Octopus Titan VCT 1 plc

20 May 2008

Issue of Equity

The Directors of Octopus Titan VCT 1 plc ("the Company") are pleased to announce
an allotment on 19 May 2008 of 336,992 ordinary shares of 10p each ('Ordinary
Shares') at a price of 100 pence per share pursuant to the Offer that opened on
2 November 2007.

The Ordinary Shares will be admitted to the Official List of the UK Listing
Authority and to trading on the London Stock Exchange's market for listed
securities and dealings are expected to commence on 22 May 2008.

The Company now has 15,616,881 Ordinary Shares in Issue.

The offer closed on 16 May 2008.

For further information please contact:

Octopus Titan VCT 1 plc
8 Angel Court
London
EC2R 7HP
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