Issue of Equity

Proven VCT PLC
18 April 2007

ProVen VCT plc

18 April 2007




Issue of Equity

ProVen VCT plc announces that on 17 April 2007, 161,467 'C' Shares of 25p each
were issued and allotted at a price of 100 pence per share under the Offers for
Subscription made by the Company dated 14 November 2006.



Application for the new shares to be admitted to the Official List of the UK
Listing Authority and to trading on the London Stock Exchange's market for
listed securities will be made at the earliest practical opportunity.



ProVen VCT plc also announces a correction to the allotment on 5 April 2007
(announced as RNS 5830U at 10:29 on 10 April 2007) whereby 23,150 shares were
allotted in error.  The corrected number of 'C' Shares allotted on 5 April was
2,340,234 and not 2,363,384 as originally stated.


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