Publication of Prospectus

Close Enterprise VCT PLC
14 November 2007


Close Enterprise VCT PLC

Proposed fund raising

Close Enterprise VCT PLC announces a further offer for subscription of up to 20
million new shares.  A prospectus in connection with the further offer is
expected to be published on or about 23 November 2007.

Managed by Close Ventures, Close Enterprise VCT aims to provide investors with
regular, consistent income plus long term capital growth, by investing up to
broadly 50 per cent. of its funds in lower risk, asset-based businesses,
principally within the leisure sector and related areas. The balance of the net
funds raised through the further offer will be invested in higher growth
businesses across a variety of sectors of the UK economy ranging from lower
risk, income producing businesses to higher risk technology companies.


Enquiries:

Patrick Reeve
Managing Director
Close Ventures Limited
020 7422 7830

Katie Standley/ Jane Lewis
Winterflood Investment Trusts
020 3100 0297/0295

Roddi Vaughan-Thomas
Peregrine Communications
020 7822 2303


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