Additional Listing

Close Technology & General VCT PLC
5 November 2001



                      Close Technology & General VCT PLC

 Offer for subscription of up to 1.4 million new ordinary shares of 50 pence
                                     each

   of Close Technology & General VCT PLC ('Close Technology & General VCT')


The board is pleased to announce that an allotment of 94,714 shares in respect
of the Offer has taken place today, taking the aggregate of applications and
allotments up to 161,014 Shares.

Dealings in the 94,714 Shares, which will rank pari passu with the existing
issued share capital, will commence on 6 November 2001.

The Offer is now closed.


5 November 2001


Further enquiries:

Roger Bruce     Close VCT Management (Manager)

Patrick Reeve/Ole Bettum   Tel. [phone]

John West     Tavistock Communications

Tel. [phone]