Update on Portfolio Company

For Immediate Release
23 August 2011


                                 HYGEA VCT plc
                           ('Hygea' or the 'Company')
                          Update on Portfolio Company

The  Board of Hygea  announces that, as  anticipated in the Chairman's statement
accompanying  the announcement of the Company's  results for the half year ended
30 June  2011, it has today received a further payment in respect of the earnout
provisions  included in  the sale  agreement in  respect of  its holding  in DxS
Limited.  Hygea has received £218,000; the  total proceeds received to date from
the  sale of this investment are now  £4.325million against the original cost of
£325,000.  In  addition,  we  expect  to  receive later this year, as previously
reported,  the second  tranche of  the escrow  monies amounting to approximately
£300,000.


Enquiries:
James Otter, Hygea vct plc [e-mail]
Charles Breese, Hygea vct plc on 01280 703482 [e-mail]

website:www.hygeavct.com

Roland Cornish, Beaumont Cornish Limited on 020 7628 3396







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Source: Hygea VCT plc via Thomson Reuters ONE

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