Offer Document Posted

Hargreave Hale AIM VCT 1 Plc and Hargreave Hale AIM VCT 2 Plc
(the "Companies")

10 March 2011

Joint Announcement of Joint Offer

The Boards of Directors of the Companies are pleased to announce the launch of a
Joint  Offer for Subscription  of New Ordinary  Shares of 1 pence  each to raise
approximately  £2.65 million  in the  Companies (the  "Offer"). The New Ordinary
Shares will be issued at prices reflecting the most recently published net asset
values of the existing Ordinary Shares immediately prior to the Offer.

The  Offer in respect of the 2010/11 tax year will close at 3pm on 5 April 2011
and  in  respect  of  the  2011/12 tax  year at 12 noon on 29 July 2011. Further
details  of the Offer are set out in  the Offer Document which can be downloaded
from    the    following    websites:   www.hargreave-hale.co.uk/VCT/aimvct   or
www.hargreave-hale.co.uk/VCT/aimvct2.

Copies  of  the  Offer  Document  have  been  submitted  to the National Storage
Mechanism    and    will    shortly    be    available    for   inspection   at:
www.Hemscott.com/nsm.do.

Any enquiries in respect of the Offers should be directed to:

Stuart Brookes
Company Secretary - Hargreave Hale AIM VCT 1 Plc/Hargreave Hale AIM VCT 2 Plc
Tel [phone]
[e-mail]







This announcement is distributed by Thomson Reuters on behalf of 
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(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: Hargreave Hale AIM VCT 1 plc via Thomson Reuters ONE

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