Issue of Equity

OCTOPUS VCT PLC 18 January 2010 Issue of Equity The Directors of Octopus VCT plc are pleased to announce an allotment on 18 January 2010 of 519,988 Ordinary shares of 1p each ("Ordinary Shares") at a price of 100 pence per share pursuant to the Offer that opened on 17 September 2009. Application for the Ordinary Shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities will be made shortly and dealings are expected to commence on 20 January 2010. The Offer is expected to remain open until 5.00 p.m. on 30 April 2010 unless previously extended or fully subscribed earlier. For further information please contact: Celia Whitten Company Secretary 020 7710 2849 [HUG#1374470]