Issue of Equity

TP10 VCT PLC

Issue of Equity

The Directors of TP10 VCT plc are pleased to announce that the Company

1. cancelled 50,625 Ordinary Shares of 1 penny each in the capital of the Company as a result of the non-payment of subscription monies payable in respect thereof; and

2. allotted has applied for the tenth allotment of 1,521,375 Ordinary Shares of 1 penny each allotted on 30 April 2010 which were allotted as the tenth allotment pursuant to the offer for subscription dated 16 September 2009 at a price of £1 per share. The Company has now applied for a further 1,470,750 Ordinary Shares to be admitted to the Official List, being the number of new shares allotted on 30 April 2010 less the number of shares cancelled on that date. 

Dealing of the shares is expected to commence on or around 7 May 2010.

As a consequence of this allotment, a total of 28,734,114 Ordinary Shares have now been allotted under the Offer.

For further information please contact: Triple Point Investment Management LLP on 020 7201 8989.