Issue of Equity

Close Brothers Aim Vct PLC
25 October 2004

25 October 2004


                   Close Brothers AIM VCT PLC ('the Company')
               Further 'D' Share Issue to raise up to £15 million


Further to the announcements of 15 October 2004, the Company announces that it
has published a Prospectus and Mini Prospectus in connection with the proposed
issue of up to 15 million new 'D' Ordinary Shares in the current tax year.
Copies of the Prospectus have been submitted to the UK Listing Authority and the
Prospectus and Mini Prospectus will shortly be available for inspection at the
UK Listing Authority's Document Viewing Facility which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Tel:  [phone].

Copies of the Prospectus and Mini Prospectus can also be obtained free of charge
during normal business hours on any week day (excluding Saturdays, Sundays and
public holidays) until the last day for application under the offer from:

Close Investment Limited             Brewin Dolphin Securities Limited
10 Crown Place                       5 Giltspur Street
London                               London
EC2A 4FT                             EC1A 9BD

Brewin Dolphin Securities Limited
48 St Vincent Street
Glasgow
G2 5TS

For further information please contact:

 Lenny Norstrand or Ben Prior                         0207 246 1162
 Brewin Dolphin Solutions

 Andrew Buchanan                                      0207 426 4000
 Close Investment Limited

Press enquiries to:

 Henrietta Guthrie or Karen Brunskill                 0207 490 8828
 Lansons


                      This information is provided by RNS
            The company news service from the London Stock Exchange