VCT Merger - Amendment

The original VCT Merger announcement on 18 May 2010 between Foresight VCT plc
and Keydata Income VCT 1 plc and Keydata Income VCT 2 plc (together "the
companies") has been amended, below, to refer to the fact that the merger would
be effected pursuant to a scheme of reconstruction under s.110 of the Insolvency
Act 1986 and that a merger so effected would be outside the City Code on
Takeovers and Mergers.

VCT Merger

The Boards of Foresight VCT plc and Keydata Income VCT 1 plc and Keydata Income
VCT 2 plc (together "the companies") today announce that, following the
appointment of Foresight Group LLP as the interim manager of Keydata Income VCT
1 plc and Keydata Income VCT 2 plc ("the Keydata VCTs") in June 2009, terms for
the merger of the companies, with a view to creating cost savings and other
strategic benefits, are at an advanced stage of discussion between the Boards.

Any merger would require the approval of the companies' shareholders and
discussions between the Boards are proceeding on the basis that, subject to that
approval, a merger would be effected pursuant to a scheme of reconstruction
under s.110 of the Insolvency Act 1986 whereby which the assets and liabilities
of the Keydata VCTs would be transferred to Foresight VCT plc in consideration
for the issue of Foresight VCT plc ordinary shares directly to the shareholders
of the Keydata VCTs. A merger effected on this basis would be outside the City
Code on Takeovers and Mergers. The merger would be completed on a relative net
asset basis as at the date of the merger.







[HUG#1417001]