Launch of the Albion VCTs Linked Top Up Offer 2...

Crown Place VCT PLC

            Launch of the Albion VCTs Linked Top Up Offer 2011/2012

Further to the announcement made on 6 October 2011, the Board is pleased to
announce the launch today of the Albion VCTs Linked Top Up Offer 2011/2012 (the
'Offer').

This Offer is aiming to raise up to £15m across seven of the VCTs managed by
Albion Ventures LLP (the 'Albion VCTs'), of which Crown Place VCT PLC's share
will be approximately £2.25m.

The maximum amount raised by each of the Albion VCTs will be 10 per cent. of its
issued share capital (over any one 12 month period, and including any shares
issued under Dividend Reinvestment Schemes), being the amount that they may
issue under the Prospectus Rules without the publication of a full prospectus.

The proceeds of the Offer will be used to provide further resources to the
Albion VCTs at a time when a number of attractive new investment opportunities
are being seen.

The Offer will close at 12 noon on 5 April 2012 unless fully subscribed or
extended beforehand.

The Promoter for the Offer is RAM Capital Partners LLP
74 Chancery Lane
London
WC2A 1AD
Tel: [phone]
Fax: [phone]
Email: [e-mail]

The Receiving Agent for the Offer is Albion Ventures LLP
1 King's Arms Yard
London
EC2R 7AF
Telephone: [phone]
Fax: [phone]
Email: [e-mail]

The Investor Guide and Offer document, which are attached below, can be found on
the website www.albion-ventures.co.uk, and will also be filed at the National
Storage mechanism. Both the Investor Guide and Offer Document will also be sent
to all shareholders of VCTs managed by Albion Ventures LLP.

Copies of the Investor Guide and Offer Document can also be obtained free of
charge from
Albion Ventures LLP
1 King's Arms Yard
London
EC2R 7AF
Telephone:
Fax: [phone]
Email:[e-mail]

1 November 2011
Contact
Patrick Reeve, Albion Ventures LLP 0207 601 1850









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Source: Crown Place VCT PLC via Thomson Reuters ONE

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