Issue of Equity

Close IHT AIM VCT PLC
23 February 2006


                     Close IHT AIM VCT PLC ('the Company')

                              Further Share issue



Allotment of 1,994,649 'A' Ordinary Shares and 3,358,925 'B' Ordinary Shares in
                     respect of the Offers for Subscription



The Board of Close IHT AIM VCT  PLC is pleased to announce that on 23 February
2006 a further 1,994,649 'A' Ordinary Shares (ISIN code GB00B0WMLJ91) and
3,358,925  'B' Ordinary Shares (ISIN code GB00B0WMLP51) were allotted under the
current Offers for Subscription at 100p per share. Dealings are expected to
commence on 24 February 2006.



This brings the total fundraising to £5,128,416 in respect of 'A' Ordinary
Shares and £11,485,475 in respect of 'B' Ordinary Shares. Up to 25,000,000 'A'
Ordinary Shares and 22,000,000 'B' Ordinary Shares are being offered to the
public under the Offers, subject to an aggregate maximum subscription of
25,000,000 Shares.



The Company has today received notification of the purchase of 700 'A' Ordinary
Shares on allotment by the Andrew Raynor, a Director of the Company. The price
paid for each Share was 100p. Following this purchase, Andrew Raynor holds
20,700 'A' Ordinary Shares.



This allotment and all further allotments under the current Offers will not rank
for the first interim dividend and will be subject to separate ISIN codes (as
detailed above) from those shares under the first allotment which will rank for
the first interim dividend.



The Offers remain open. However, they will close prior to the last time and date
of acceptance (10am Wednesday 5 April 2006), if fully subscribed earlier.







23 February 2006


Further enquiries:

Andrew Buchanan                               Close Investment Limited (Manager)
                                                              Tel. [phone]


Ken Fleming                                                       Brewin Dolphin
                                                              Tel. [phone]





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