Offer for Subscription

Octopus Secure VCT plc
17 September 2009
Offer for Subscription

Octopus Secure VCT plc  (the "Company") announces  that it has  today
published a Prospectus to raise up to £50 million (the "Offer").

The Offer will be open  from 8.00 am on  17 September 2009 until  the
earlier of 5.00 pm on 30 April 2010 and the date on which the maximum
subscription is reached, unless  otherwise extended by the  Directors
acting in their absolute discretion to  a date no later than 30  June
2010.  The Offer is for up  to 50,000,000 ordinary shares of 1  pence
each ("Ordinary Shares").  The Ordinary  Shares will be  issued at  a
price of 100 pence each.

To obtain a copy of  the Prospectus, private investors and  Financial
Advisers should call  020 7710  2800. A downloadable  version of  the
Prospectus is also available from www.octopusinvestments.com.

A copy of the Prospectus is also available, free of charge, from  the
Company's registered office:

c/o Octopus Investments Limited
8 Angel Court
London EC2R 7HP

The Prospectus has been  submitted to the UKLA,  and will shortly  be
available for  inspection at  the UKLA's  Document Viewing  Facility,
which is situated at:

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

For more information contact:

Celia Whitten - Company Secretary
Octopus Secure VCT plc
8 Angel Court
London EC2R 7HP
020 7710 2849

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