Cancellation of Treasury Shares

Octopus AIM VCT plc

The Board of Octopus AIM VCT plc announces that on 17 June 2010 1,057,802 New
Ordinary shares held in Treasury were cancelled.

Following  this transaction, the issued share capital of the Company consists of
30,925,417 New  Ordinary  shares  with  a  nominal value of 50p each.  1,899,776
shares  remain in Treasury pending Shareholder and  Court approval as set out in
the  Circular sent to  shareholders on 8 June  2010.  Therefore the total voting
rights of the Company is now 29,025,641 ordinary shares of 50p each.

For further enquiries, please contact:
Celia Whitten, Company Secretary
Octopus Investments Limited
Tel:  020 7710 2849


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