Director Declaration

Elderstreet VCT plc
5 February 2010

Director Declaration



The  following information  is given  pursuant to  the requirements of paragraph
9.6.14 of the Listing Rules.

Mr  Barry Dean, a non-executive director of Elderstreet VCT plc, was appointed a
non-executive director of Downing Absolute Income VCT 2 plc on 4 December 2009,
a  company whose shares were admitted to the official list and to trading on the
London Stock Exchange on 5 February 2010.



Mr  Nicholas  Lewis,  a  non-executive  director  of Elderstreet  VCT  plc,  was
appointed  a non-executive director of Downing Absolute  Income VCT 2 plc on 25
November  2009, a company whose shares were admitted to the official list and to
trading on the London Stock Exchange on 5 February 2010.



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