Additional Listing

Close Brothers Aim Vct PLC
26 May 2004


                           Close Brothers AIM VCT PLC


Close Brothers AIM VCT PLC ('the Company') announces that arising out of the
conversion of the existing issued 'C' Shares into Ordinary Shares, it is
implementing a bonus issue of 1,520,704 'C' Shares on the basis of 0.07654 of a
'C' Share for each 'C' Share in issue at close of business on 26 May 2004.
Fractions of a 'C' Share will be aggregated and sold in the market for the
benefit of the Company.  Dealings in these new 'C' Shares are expected to
commence on 27 May 2004.  Following implementation of the bonus issue, all
issued 'C' Shares will convert into Ordinary Shares on a one for one basis and
dealings are expected to commence in the 21,388,704 Ordinary Shares arising from
conversion on 1 June 2004.


The newly issued 'C' Shares and Ordinary Shares will rank pari passu in all
respects with the existing issued 'C' Shares and Ordinary Shares respectively.
No new 'C' Share Certificates will be issued or CREST accounts credited, but
pending conversion any transfers will be certified against the Register of
Members.  Following conversion new Ordinary Share Certificates will be issued
and CREST accounts credited on 1 June 2004.


26 May 2004

For further information:


Andrew Buchanan (Investment Manager)             Tel: [phone]


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