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First State AIM VCT (ATI)

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Thursday 14 April, 2005

First State AIM VCT

Issue of Equity

First State Investments AIM VCT PLC
14 April 2005


              FIRST STATE INVESTMENTS AIM VCT PLC (the 'Company')

           OFFERS FOR SUBSCRIPTION OF ORDINARY SHARES (THE 'OFFERS')

The Directors of First State Investments AIM VCT Plc are pleased to announce an
allotment on 14 April 2005 of 882,993 ordinary shares of 10 pence each pursuant
to the Offers. The Offer Price at which the ordinary shares were allotted was £1
per ordinary share.

Dealings in the ordinary shares are expected to commence on 18 April 2005 and
definitive documents of title are expected to be dispatched within 10 business
days of allotment.

The 2005/2006 Offer is open until 12 noon on 28 June 2005 (unless it is fully
subscribed prior to that date).

For further information, please contact the First State Investments Client
Services team on 0800 612 0015.




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