Investment Portfolio Update

Foresight Technology VCT PLC 31 January 2000 Foresight Technology VCT plc ('Foresight') Investment Portfolio Update The Company announced on 24 January that one of its investee companies was planning a flotation during the first quarter of this year. e-district.net plc (formerly SyNet Communications Limited) a company in which Foresight has a 30 per cent. shareholding has confirmed its intention to float on the Alternative Investment Market. The advisers to e-district.net plc have publically indicated a value substantially in excess of £100m. The Company will make a further announcement in due course. Foresight further announces that the C Share Offer for Subscription has recently been increased to £30 million and the offer period has today been finally extended to 14 February 2000.
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