Offer for Subscription

Foresight Technology VCT PLC
22 October 2003

Foresight Technology VCT plc

Offer for Subscription up to 1,101,646 new Ordinary Shares and 3,304,938 new 'C'
Shares ('the Offer')


The Company announces that in connection with the Offer, the following number of
shares have been allocated; 80,829 new Ordinary Shares and 242,487 new 'C'
Shares.

The total number of shares allotted under the Offer to date are as follows:

465,385 new Ordinary Shares and 1,396,155 new 'C' Shares.

The Offer remains open for acceptance.

Details of the offer are contained in a circular dated 22 September 2003 which
is available for inspection only, at the Document Viewing Facility of at the
Financial Services Authority, 25 The North Colonnade, Canary Wharf, London E14
5HS during normal business hours.





END


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