Holding(s) in Company

6th Apr 2011 12:59

For filings with the FSA include the annex For filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer Investec Structuredof existing shares to which voting rights are Products Calculusattached:ii VCT plc (07142153)

2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights

X Other (please specify): 3. Full name of person(s) subject to the Michael O'Higginsnotification obligation:iii

4. Full name of shareholder(s)

(if different from 3.):iv

5. Date of the transaction and date on which the threshold is crossed or

1 April 2011reached: v

6. Date on which issuer notified:

6 April 2011

7. Threshold(s) that is/are crossed or

From 4% to 3%reached: vi, vii 8. Notified details:

A: Voting rights attached to shares viii, ix Class/type Situation previous Resulting situation after the triggering transaction of to the triggering shares transaction if possible Number Number Number Number of voting % of voting rights xusing of of of shares rights the ISIN Shares Voting CODE Rights Direct Direct xi Indirect xii Direct Indirect Ordinary 1p Shares 205,500 205,500 205,500 205,500 n/a 3.13% n/a GB00B631ZQ22

B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of voting instrument date xiii Conversion Period xiv rights that may be rights acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction Type of Exercise price Expiration Exercise/ Number of voting rights % of voting rightsfinancial date xvii Conversion instrument refers to xix, xx instrument period xviii Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 205,500 3.13%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi

Proxy Voting: 10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease

to hold:

12. Date on which proxy holder will cease to hold

voting rights: 13. Additional information: Calculated using the Company's latest announced Total Voting Rights, being 6,570,968 shares, consisting of 4,738,463 Ordinary Shares and 1,832,505 C shares 14. Contact name: Michael O'Higgins

15. Contact telephone number:

01392 477500

vendor

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Related Shares:

Calculus Vct