Change in dividend allocation

Close Brothers Venture Cap Tst PLC
20 March 2007



                    CLOSE BROTHERS VENTURE CAPITAL TRUST PLC

                  FIRST DIVIDEND FOR THE YEAR TO 31 MARCH 2008


The allocation of the dividend declared on 5 March 2007 between revenue reserves
and realised capital reserves has been changed from 2.5 pence per share from
revenue reserves to 1.85 pence per share and from 2.5 pence per share from
realised capital reserves to 3.15 pence per share.  This first dividend for the
new financial year ended 31 March 2008 will be paid on 5 April 2007 to
shareholders on the register on 16 March 2007.


Enquiries:
                                        
Patrick Reeve, Managing Director        Close Ventures Limited
                                        Tel:    [phone]

20 March 2007








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