Offer for subscription

Close Technology & General VCT PLC
24 March 2006



                       CLOSE TECHNOLOGY & GENERAL VCT PLC

Close Technology & General VCT PLC announces that the C Share offer for
subscription of 35 million new C Shares at £1 each is now fully subscribed and
consequently the offer is now closed.

24 March 2006

For further queries please contact Patrick Reeve, Close Venture Management on
020 7422 7830.


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            The company news service from the London Stock Exchange