Maximum subscription achieved

Close IHT AIM VCT PLC
16 March 2006

16 March 2006



                             Close IHT AIM VCT plc

                         Maximum subscription achieved


The Directors of Close IHT AIM VCT PLC ('the Company') are pleased to announce
that applications exceeding an aggregate of 25,000,000 'A' Ordinary Shares and 
'B' Ordinary Shares have been received and that the Offers for Subscription are
now closed. A final allotment of 'A' Ordinary Shares and 'B' Ordinary Shares is
expected to take place on Monday 20 March 2006 and dealings are expected to
commence in these shares on Tuesday 21 March 2006.





              Close Second AIM VCT PLC remains open for investment



The Directors of the Company recognise that some potential investors may be
disappointed that the Offers have now closed. They may wish to consider
investing in an AIM VCT, with a similar strategy, which is also managed by the
same team at Close Brothers. Close Second AIM VCT PLC is similar in having two
share classes on offer, one with IHT benefits. These offers remain open for
subscriptions.



For further information regarding Close Second AIM VCT PLC call Close Brothers
Investment Limited on 0870 733 3773.  Documentation is available at www.cbil.com



For further information please contact:

Andrew Buchanan - Close Investment Limited - tel: [phone]








                      This information is provided by RNS
            The company news service from the London Stock Exchange