TP70 2008 (ii) VCT PLC
09 May 2008

                             TP70 2008 (II) VCT PLC





                                Issue of Equity



The Directors of TP70 2008 (II) VCT plc are pleased to announce that the Company
has applied for the eleventh and final allotment of 1,049,882 Ordinary Shares
allotted on 30 April 2008 pursuant to the offer for subscription dated 14
December 2007, being 1,049,882 Ordinary Shares of 1p each at a price of £1 per
share to be admitted to the Official List.



As a consequence of the eleventh and final allotment, a total of 23,098,624
Ordinary Shares have now been issued under this offer.



Dealing of the shares is expected to commence on 16 May 2008.



The offer has now closed.



For further information please contact: David Dick on 020 7404 7403 or Graham
Urquhart on 020 3216 2000.






                      This information is provided by RNS
            The company news service from the London Stock Exchange