Publication of Prospectus

Foresight Planned Exit VCT Fund


A  copy of the prospectus, comprising the Securities Note, Registration Document
and  Summary, relating to the Linked Offer for Subscription of up to £20 million
by means of Planned Exit Share issues in the Companies has been submitted to the
Financial Services Authority and will shortly be available for inspection at the
FSA's document viewing facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS

The  Companies are also issuing a circular  in connection with proposals to seek
their  shareholders' approval for the Linked Offer for Subscription; the payment
of a performance incentive fee to Foresight Group LLP, the Companies' investment
manager;  and certain proposed amendments to the articles of association of both
Companies  in  light  of  the  Companies  Act  2006.  General meetings and class
meetings have been convened for the Companies on 23 February 2010.


The  Companies each  intend to  appoint Foresight  Group LLP as their investment
manager  for the Planned Exit Shares and  the terms of this appointment include,
inter  alia, the provision of a  performance incentive fee, payable to Foresight
Group  LLP which vests after a certain amount of distributions have been paid to
shareholders of the Planned Exit Shares.  Foresight Group LLP, as the Companies'
investment  manager is regarded  as a related  party of the  Companies under the
Listing  Rules of the Financial Services  Authority, therefore the terms of this
appointment with regard to the performance incentive constitutes a related party
transaction  and is  therefore conditional  upon the  approval of the Companies'
Shareholders.

The circular is expected to be posted to the Companies shareholders, today.  The
circular  will also be available on the Company's web site:www.foresightgroup.eu
<

http://www.foresightgroup.eu/> and has been submitted to the Financial Services
Authority  and will  shortly be  available for  inspection at the FSA's document
viewing facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS


For further information please contact:
Gary Fraser, Foresight Group:01732 471 800



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