Publication of Prospectus

Hargreave Hale AIM VCT 1 plc and Hargreave Hale AIM VCT 2 plc
1 February 2011
Joint Offer for Subscription - Supplementary Prospectus

Hargreave  Hale AIM VCT 1 plc and Hargreave Hale AIM VCT 2 plc (the "Companies")
announce that they have today published a supplementary prospectus in respect of
the  Joint Offer for Subscription (the "Offer") of Ordinary Shares of 1p each in
the  capital of  the Companies  to raise  up to,  in aggregate, £10,000,000 (the
"Supplementary Prospectus").

The  Companies  also  announce  that  further  to  an  announcement  made by the
Companies  on the  9 July 2010 (which  stated that  the period  of the  Offer in
relation to the 2010/2011 tax year had been extended and would close on 18 March
2011 (unless  fully subscribed earlier)), the Companies have determined that the
Offer will now close on Tuesday, 8 March 2011 (unless fully subscribed earlier).
The  bringing forward of the  date is to ensure  that the any shares applied for
under  the Offer are issued and admitted  to the premium segment of the Official
List  of the UK Listing Authority and  to trading on the London Stock Exchange's
market for listed securities within the applicable regulatory timescales.

A  copy of the prospectus  relating to the Offer  (published by the Companies on
19 March  2010), the supplementary  prospectus (in  relation to  the Prospectus)
published  by the Companies  on 23 June 2010, and  the Supplementary Prospectus,
can   be   obtained   from   the  Companies'  website  at  

http://www.hargreave-
hale.co.uk/VCT/aimvct/reports.htm   or   by   contacting   Oliver   Bedford   on
0207 009 4937 or by emailing [e-mail].

The Supplementary Prospectus has been approved by the UK Listing Authority and a
copy  of the Supplementary Prospectus will  be submitted to the National Storage
Mechanism and will shortly be available for viewing online at the following web-
site address:



http://www.hemscott.com/nsm.do

For further information please contact:


Stuart Brookes
Company Secretary - Hargreave Hale AIM VCT 1 Plc/Hargreave Hale AIM VCT 2 Plc
Tel: [phone]
[e-mail]









This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: Hargreave Hale AIM VCT 1 plc via Thomson Reuters ONE

[HUG#1484511]