Issue of Equity

NEW CENTURY AIM VCT PLC
                  

                        NEW CENTURY AIM VCT PLC
                   17-21 New Century Road, Laindon,
                      Basildon, Essex, SS15 6AG.
                   Tel:[phone] Fax:[phone]

The Company announces that on the 6th May 2005 it allotted and issued 2,331,300
new Ordinary shares of 10p each under the offer for subscription at a price of
100p. 

Following this allotment the issued share capital of the Company 6,758,800
Ordinary Shares.

The offer will remain open until 31st May 2005.

For further information please contact: 

Michael Barnard at M.D. Barnard & Co. Ltd., on fax no. 01268 495130