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Noble VCT (EVCT)

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Wednesday 05 April, 2006

Noble VCT

Allotment of Shares

05 April 2006

                                 Noble VCT plc

                             Offer for Subscription

The Directors of Noble VCT plc are pleased to announce the allotment on
Wednesday 5 April 2006 of 5,425,382 new 'A' ordinary shares at a price of 91p
per share.

The Company also announces that the following Directors were allotted new
ordinary shares pursuant to the Offer on 5 April 2006 at 91p per share as

                                      Number of new        Total number of
                                      ordinary shares      ordinary shares held    
                                      allotted             following allotment

John Andrews                                11,318              17,353

Philip Court                                 5,658              11,693

John Gregory                                11,318              17,353

Dealings in the ordinary shares are expected to commence on 7 April 2006 and
definitive documents of title are expected to be despatched within 10 business
days of allotment.

The Offer is now closed.

For further information, please contact:

Shane Elliott, Noble Fund Managers Limited                    020 7763 2200
Gordon Leatherdale, Noble Fund Managers Limited               020 7763 2200

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

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