£20m Raised for Current 'C' Share Offer

Foresight Technology VCT PLC
25 January 2000

Increase in offer size

The Directors of Foresight Technology VCT plc are pleased
to  announce  that £20 million has been  raised  for  the
current  'C'  share offer.  In addition, the Company  has
received  indications  from potential  investors  for  an
additional £3,000,000.

As  reported  in  the recent preliminary announcement  of
results, the Company has made its first investment of the
'C'  Share  Fund  into travelstore.com plc,  an  internet
travel site aiming to become the leading provider of  on-
line travel services for independent business travellers.
A  number  of  further  investments are  currently  under
review.

In  response  to  the  continuing flow  of  high  quality
technology  investment  opportunities  reported  by   the
Company's  investment advisers together with the  success
of the fundraising, the Directors have increased the size
of the current 'C' share offer to £30,000,000.

The closing date for the offer is 31st January 2000.