Issue of Equity

BioScience VCT plc
05 April 2004


BIOSCIENCE VCT PLC

5 APRIL 2004

ISSUE OF EQUITY

BioScience VCT plc announces that on 5 April 2004 the Company issued and
allotted 171,106 new ordinary shares of 50p each. The new shares were issued to
a number of subscribers for cash, at a price of 100p each. The issued share
capital of the Company is now 7,584,393 ordinary shares.

Application will be made for admission of the new ordinary shares to trading on
the London Stock Exchange as soon as practicable.




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