Offer for Subscription and Issue of Prospectus

JOINT ANNOUNCEMENT

Foresight 3 VCT plc and Foresight 4 VCT plc

Offer for Subscription and Issue of Prospectus

The  boards of Foresight 3 VCT plc and Foresight 4 VCT plc ("the Companies") are
pleased  to  announce  the  launch  of  a  joint  offer for subscription for new
ordinary  shares of 1p each in the capital of  each of the Companies to raise up
to £20 million ("the Offer").

The Offer opens today and will close on 30 June 2011 (unless fully subscribed by
an  earlier date or otherwise extended  or closed at the Directors' discretion).
Persons  intending to subscribe for shares  under the Offer in the 2010/2011 tax
year  should note that the  deadline for such subscriptions  is 12.00 p.m. on 5
April  2011. The  Offer  is  open  to  existing  shareholders and new investors.
Investors' subscriptions will be divided equally between each of the Companies.

Full  details of  the Offer  are contained  in the  summary, securities note and
registration   document,   which   together   constitute   a   prospectus  ("the
Prospectus"),  which was  published by  the Companies  today. The Prospectus has
been submitted to the Financial Services Authority and will shortly be available
for inspection at the National Storage Mechanism, which is located at:



http://www.hemscott.com/nsm.do

For further information, please contact:

Investment Manager/Company Secretary
Gary Fraser
Foresight Group LLP/Foresight Fund Managers Limited
Telephone: [phone]

Solicitors to the Company
Martineau
Kavita Patel
Telephone: [phone]

Sponsor to the Offer
BDO
Susan Brice/John Stephan
Telephone: [phone]







This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: Foresight 4 VCT PLC via Thomson Reuters ONE

[HUG#1478146]