Result of Shareholder Meeting

Foresight Technology VCT PLC
30 January 2001


FORESIGHT TECHNOLOGY VCT plc

RESULT OF SHAREHOLDER MEETINGS

Foresight Technology VCT plc (the Company) announces that, at the Annual
General Meeting held earlier today, 30th January 2001, shareholders approved
all the resolutions.

At the Annual General Meeting there were five items of special business:

 1. To approve, subject to the sanction of the Court, a reduction of the
    Company's Share Premium Account by £10,000,000 and such reduction of the
    Share Premium Account to be allocated to the Ordinary Shares Fund and the
    'C' Shares Fund in the proportions of 50% to 50 % respectively.

 2. To authorise the Directors to allot Ordinary Shares in accordance with
    Section 80 of the Companies Act 1985 up to an aggregate nominal value of £
    70,000.

 3. To authorise the Directors to disapply Section 89 of the Companies Act 1985
    in respect of up to 15% of the issue share capital of the Company.

 4. To give the Directors authority to make market purchases of its own shares
    up to 14.99 % of the Company's issued Ordinary Share capital.

 5. To approve a technical amendment to the Company's Articles of Association.

                   
The Company proposes to seek court approval for the reduction in the Company's
Share Premium Account in February 2001.


The Company also announces that there was no quorum present for the separate
meetings of Ordinary Shareholders, 'C' Shareholders, Ordinary Warrant holders
and 'C' Warrant holders which have accordingly been reconvened for 9.30am
onwards on 31st January 2001 at the Company's registered office.


END