Downing Protected VCT III plc
29 May 2009
Issue of Equity
The Directors of Downing Protected VCT III plc are pleased to
announce an allotment on 29 May 2009 of 64,487 C shares of 0.1p each
("C Shares") payable at 99.9p per share and 64,487 A shares of 0.1p
each ("A Shares") payable at 0.1p per share pursuant to the Offers
for Subscription that opened on 25 September 2008.
The Offer for Subscription is expected to remain open until 30 June
2009 unless previously extended or fully subscribed earlier.
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