Doc re. Offer for Subscrptn

Elderstreet VCT PLC
09 March 2006

Elderstreet VCT plc
(the 'Company')

 9 March 2006

Issue of new shares to raise up to £5 million

A prospectus relating to an offer for subscription of new ordinary shares by the
Company to raise up to £5 million has been submitted to the UK Listing Authority
and is available for inspection at the UK Listing Authority's Document Viewing
Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
London  E14 5HS


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            The company news service from the London Stock Exchange