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Noble VCT (EVCT)

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Monday 13 August, 2007

Noble VCT

Issue of Equity

13 August 2007

                    Noble VCT plc ('Noble' or the 'Company')

                               Allotment of shares

The Company announces that on 13th August 2007 it allotted 68,494 A shares of
10p each (the 'Shares') to certain shareholders under the Company's dividend
reinvestment scheme.

Application for the admission of the Shares to the Official List has been made
and it is expected that the Shares will begin trading on 17th August 2007. The
Shares will rank pari passu with the existing A shares in issue.

The Securities Note which comprises part of the Prospectus, dated 20 September
2005, sets out the terms and conditions of the dividend reinvestment scheme of
Noble VCT plc. Copies are available for public inspection at the UKLA's Document
Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5NS

Noble VCT also announces that following this allotment the total shares in issue
are 30,921,787.

For further information please call:

Tamsin Hooton, Noble Corporate Management Limited                 0131 225 9677

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

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