Share Offer

Close Brothers Aim Vct PLC
12 May 2004

12 May 2004



                           Close Brothers AIM VCT PLC



Close Brothers AIM VCT PLC ('the Company') is today publishing its Report and
Accounts for the year ended 29 February 2004 and launching a 10% top-up share
offering of up to 3.1 million Ordinary Shares for investors in the current tax
year.  The Offer is conditional, inter alia, on the passing of the relevant
resolution at the AGM of the Company convened for 9 June 2004.  The Ordinary
Shares will be issued at a price calculated on a formula relative to net asset
value.



The Offer represents an opportunity to gain exposure to one of the most
successful AIM VCTs in today's marketplace.  It also provides investors with
access to a broad portfolio of investments which Close Investment Limited, the
Manager, believes should benefit from continuing improving economic conditions
currently being experienced by many small public UK companies traded on AIM.



For further information on the Offer, please contact:-


                                                                     Telephone
Lenny Norstrand or Ben Prior

Brewin Dolphin Tax Solutions                                      0207 246 1162

Andrew Buchanan or Kate Tidbury

Close Investment Limited                                          0207 426 4000




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