Statement re Close of Offer

Investec Structured Products Calculus VCT plc

28 April 2010

Close of Offer

The directors announce that the Offer will close in accordance with its terms
on Friday (30 April 2010). Should a prospective investor wish to subscribe for
Ordinary Shares pursuant to the Offer, applications will continue to be
accepted by Capita Registrars in accordance with the procedures set out on the
application forms, alternatively applications can be delivered by hand to the
offices of Calculus Capital at 104 Park Street, London W1K 6NF by no later than
10.00 a.m. on 30 April 2010.

For further enquiries please contact:

Gary Dale (Investec Structured          Susan McDonald (Calculus Capital)      
Products)                                                                      
                                                                               
Tel: [phone]                      Tel: [phone]                     
                                                                               
Email: [e-mail]         Email: [e-mail]