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Close Technology & General VCT PLC 1 October 2001 Close Technology & General VCT PLC Offer for subscription of up to 1.4 million new ordinary shares of 50 pence each of Close Technology & General VCT PLC ('Close Technology & General VCT') The board is pleased to announce that an initial allotment of 5,000 shares in respect of the Offer has taken place today. In addition, applications have been received for a further 94,000 Shares under the Offer, taking the aggregate of applications and allotments up to 99,000 Shares. Dealings in the 5,000 Shares, which will rank pari passu with the existing issued share capital, will commence on 4 October 2001. 1 October 2001 Further enquiries: Roger Bruce Close VCT Management (Manager) Patrick Reeve/Ole Bettum Tel. 020-7426 4000 John West Tavistock Communications Tel. 020-7600 2288
UK 100

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