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Apollo 1 VCT plc (APO1)


Monday 16 October, 2006

Apollo 1 VCT plc

First Alottment of Shares

Apollo VCT 1 plc

16 October 2006

                                First Allotment of Shares

Apollo VCT 1 plc announces that it has allotted an initial 1,104,168

Shares of 10p each pursuant to its Offer for Subscription.  These

Shares rank pari passu in all respects with each other and dealings
are expected

to commence on the Official List of the London Stock Exchange on 17
October 2006.

The Offer for Subscription remains open.


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