Directorate change

OCTOPUS AIM VCT PLC



 3 October 2011



Appointment of Non Executive Director

The  Board of  Octopus AIM  VCT plc  is pleased  to announce  the appointment of
Marion  Sears  as  an  independent  non-executive  director of the Company on 1
October 2011.

Marion  is an experienced non executive  director currently holding positions as
Senior  Non-Executive director at  Dunelm Group plc,  the retailer, and at Zetar
plc,  the  food  manufacturer.   She  was  previously  a  director of Boehringer
Ingleheim  Ltd, Stortford Interiors  (UK) Ltd and  Managing Director, Investment
Banking  at JP Morgan.  She was also previously a director of Prelude Trust Plc,
a Healthcare and IT Technology focused investment trust.

Marion will, on appointment, join the Audit Committee.

Michael  Reeve, Chairman of Octopus Aim VCT  plc commented: "We are delighted to
welcome  Marion to the  Board.  Her experience  and insight will provide further
balance  to the  Board and  we look  forward to  working with her to promote the
further success of Octopus Aim VCT"

Ms  Sears  holds  a  BSc  Biological  Science  (First  Class)  with honours from
Edinburgh University.
Other  information required to be disclosed  pursuant to paragraph LR 9.6.13R of
the Listing Rules of the Financial Services Authority is as follows:
Details  of all directorships held  in any other publicly  quoted company at any
time in the previous five years:

Dunelm Group plc 2004 - current

Zetar Plc - 2006 - current

Prelude Trust PLC 2005-2008



There are no other disclosures to be made under Listing Rule 9.6.13.

For further information please contact:

Celia Whitten
Company Secretary
020 7710 2849






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Source: Octopus AIM VCT PLC via Thomson Reuters ONE

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