Statement regarding the proposed issue of a pro...

LEI Code 213800DK8H27QY3J5R45

Albion Venture Capital Trust PLC, Albion Development VCT PLC, Albion Enterprise VCT PLC, Albion Technology & General VCT PLC, Crown Place VCT PLC and Kings Arms Yard VCT PLC (“The Companies”)

Statement regarding the proposed issue of a prospectus for the Albion VCTs Prospectus Top Up Offers

The Companies are pleased to announce that, subject to obtaining the requisite regulatory approval, certain of the Companies intend to launch prospectus top up offers of new ordinary shares for subscription in the 2018/2019 and 2019/2020 tax years (the "Offers").

Full details of the Offers will be contained in a prospectus that is expected to be published in early January 2019 and will be available on the Albion Capital website (www.albion.capital).

Enquiries:

Will Fraser-Allen
Deputy Managing Partner, Albion Capital
Tel: [phone]

10 September 2018