Offer for Subscription

Foresight Technology VCT PLC
31 March 2004

Foresight Technology VCT plc



Offer for Subscription up to 1,101,646 new Ordinary Shares and 3,304,938 new 'C'
Shares ('the Offer')



The Company announces that in connection with the Offer, the following number of
shares were allotted on 29 March 2004:



60,105 new Ordinary Shares; and

180,315 new 'C' Shares.



The total number of shares allotted under the Offer to date is as follows:



865,908 new Ordinary Shares; and

2,597,752 new 'C' Shares.



The Offer remains open for acceptance.



Details of the offer are contained in a circular dated 22 September 2003 which
is available for inspection only, at the Document Viewing Facility of at the
Financial Services Authority, 25 The North Colonnade, Canary Wharf, London E14
5HS during normal business hours.



END


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