Issue of Equity

Foresight 4 VCT PLC
11 November 2005


Foresight 4 VCT plc

Allotment of Shares

The Board is pleased to announce that in accordance with the terms of the Offer
for Subscription dated 2 September 2005 (the 'Offer'), 142,422 ordinary shares
of 1 pence each were allotted on 11 November 2005 at 108.78 pence per share.

Application has been made for the admission of the 142,422 ordinary shares to
the Official List of the UK Listing Authority and to trading on London Stock
Exchange plc's market for listed securities.

Total shares allotted to date under the Offer by the Company now total 142,422
ordinary shares. Following this allotment there are now 13,142,533 ordinary
shares of 1p each in issue.


For further information please contact:

Gary Fraser, Foresight Venture Partners:                          01732 471 800



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