Enhanced Buyback - Additional Closing Dates

Foresight VCT plc

Additional  Closing  Dates  for  the  acceptance  of  tenders under the Enhanced
Buyback

Further  to the announcement of  the publication of a  prospectus relating to an
Enhanced  Buyback by way  of an Open  Offer and a  Tender Offer made on 11 March
2011 (the  "Prospectus"),  the  Board  of  Foresight  VCT  plc  (the  "Company")
announces that an additional Closing Date for the Enhanced Buyback in respect of
the  2011/2012 tax year of 11.00 am on  8 April 2011 is being made available for
Qualifying Shareholders who wish to tender their Existing Ordinary Shares to the
Company  under  the  Tender  Offer  in  tax  year  2011/12 and  therefore  avoid
crystallising a deferred capital gain in the 2010/2011 tax year.

Qualifying Shareholders who wish to tender Existing Ordinary Shares to the
Company under the Tender Offer in tax year 2011/12  should contact Kate
Henderson at Foresight Group LLP on [phone]  before 11.00 am on 8
April 2011.

Please  note that if a Qualifying Shareholder elects to tender Existing Ordinary
Shares  to the Company under the Tender Offer in tax year 2011/12, the number of
New  Ordinary Shares to be purchased under the Open Offer as stated in Box C, or
as  the case  may be,  Box E  of the  Application Form  will be  allotted in the
2011/2012 tax  year. Accordingly, no request for an allotment in the 2010/11 tax
year should be made by a Qualifying Shareholder in Box F of the Application Form
and  any such will be  treated as a request  for an allotment in the 2011/12 tax
year.

In  respect of  applications to  tender Existing  Ordinary Shares to the Company
under  the Tender Offer  in tax year  2010/11 an additional  Closing  Date of 4
April 2011 is also being made available to allow Qualifying Shareholders further
time  to consider their  options. Those Qualifying  Shareholders who are able to
return  their application forms for the 31 March 2011 are encouraged to do so to
ease administration.


The expected timetable of principal events is now as follows:

Record date                                                      10 March 2011


Enhanced Buyback opened                                          11 March 2011


Recommended    latest   date   for   CREST                       18 March 2011
Shareholders      to      arrange      for
rematerialisation of their holdings should
they  wish to participate  in the Enhanced
Buyback


Enhanced Buyback closes for the acceptance              11.00 am on 31 March
of tenders in the 2010/2011 tax year
                                           and      for    those    Qualifying
                                           Shareholders   who  are  not  in  a
                                           position     to     return    their
                                           application forms by that date,

                                                    11.00 am on 4 April 2011



Announcement   of   the   outcome  of  the                        5 April 2011
Enhanced   Buyback   in   respect  of  the
2010/2011 tax year


Allotment   of   New  Ordinary  Shares  in                        5 April 2011
respect  of the  2010/2011 and 2011/12 tax
years  and settlement by way of set off of
amounts  due to  and owed  by a Qualifying
Shareholder   under   his   tender   offer
accepted in the 2010/11 tax year                      11.00 am on 8 April 2011

Enhanced Buyback closes for the acceptance
of tenders in the 2011/2012 tax year


Announcement   of   the   outcome  of  the                       11 April 2011
Enhanced   Buyback   in   respect  of  the
2011/2012 tax year


  Allotment   of  New  Ordinary  Shares  in                11 April 2011    2011
  respect  of  the  2011/2012 tax  year and
  settlement  by way of  set off of amounts
  due   to   and   owed   by  a  Qualifying
  Shareholder   under   his   tender  offer
  accepted in the 2011/12 tax year.


Effective  date  for  the  listing  of New          within three Business Days
Ordinary  Shares  and  the commencement of                        of allotment
dealings


Share  certificates  and  tax certificates                       20 April 2011
(if applicable) to be despatched


The  Company  reserves  the  right,  subject  to applicable legal and regulatory
requirements,  to further extend the period  for acceptance under the Open Offer
and  tendering under the  Tender Offer at  any time prior  to 8.30 am on 1 April
2011.

NOTES

 1.  The above times and/or dates may be  subject to change and, in the event of
any such change, the revised times and dates will be notified to Shareholders by
an announcement through a Regulatory Information Service.

 2.  References  to  times  in  this  announcement  are  to  London time, unless
otherwise stated.

The full terms of the Open Offer and Tender Offer are set out in the Prospectus.

Definitions  used in this announcement have  the same meaning as the definitions
set out in the Prospectus.

For   further   information   please  contact:  Gary  Fraser,  Foresight  Group:
01732 471800








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Source: Foresight VCT PLC via Thomson Reuters ONE

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