Doc re. Possible sale of interest in an investe...

Crown Place VCT PLC
16 August 2010



Statement re. Possible sale of interest in an investee company

The  Board noted in the interim  statement on 11th May 2010 that "discussions to
sell  its  interest  in  one  of  its  investee companies are ongoing and if the
investee  company is sold it  is likely to result  in a material uplift in Crown
Place  VCT PLC NAV  per share but  there remains no  certainty as to whether any
transaction  will complete".  These discussions  have now  ceased and no sale is
foreseen  in the short term. This has no impact on Crown Place VCT PLC net asset
value  since the  valuation of  the investee  company had  not been increased to
reflect  the sale  discussions. The  investee company's  trading continues to be
healthy.

For further information, please contact Patrick Reeve, Albion Ventures LLP
020 7601 1850.




[HUG#1438238]








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Source: Crown Place VCT PLC via Thomson Reuters ONE