Result of EGM

Close Brothers Aim Vct PLC
26 November 2004

26 November 2004

                   Close Brothers AIM VCT PLC ('the Company')

Further to the announcement on 10 November 2004, the Company announces that, at
the Extraordinary General Meeting and separate Special General Meetings held
earlier today, all resolutions required for the implementation of the Tender
Offer for up to 10% of the Ordinary Shares, the offer of new 'D' Shares and the
introduction of a new management incentive arrangement were duly passed.  The
Company has today repurchased, pursuant to repurchase contract, 3,010,423
Ordinary Shares (representing approximately 8.4% of the Company's issued
Ordinary Share capital) at 76.35p per share.  Accordingly, tenders of shares
under the Tender Offer have been accepted in full.

The Company has received notification that R J Smith, a director, tendered his
holding of 30,765 Ordinary Shares which has been accepted thereby reducing his
holding to nil.  Mr Smith has indicated his intention to participate in the
current 'D' share issue.

For further information on the offer, please contact:-

                                                     Telephone

Lenny Norstrand or Ben Prior                         0207 246 1162
Brewin Dolphin Tax Solutions

Andrew Buchanan                                      0207 426 4000
Close Investment Limited


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