CR. Core Vct I

RNS Number:0374O
Core VCT I PLC
24 June 2005

Core VCT I PLC ("the Company")

23 June 2005


Offer for subscription closed


The Board of Core VCT I plc is pleased to announce that the Offer for
Subscription made by the Company in its prospectus dated 1 December 2004 ("the
Prospectus") has now closed.  The Company has issued 10,944,571 Ordinary Shares
being subscribed in full at #1 per share and 7,296,381 B Shares by way of a
subscription at the par value of 1p per share and a pro-rata bonus issue as set
out in the Prospectus.

It is the Company's objective to invest in established private companies,
providing development capital and funding management buy-outs in the small to
mid-market segment.  The Manager defines such companies as those with Enterprise
Values of up to #25 million.   These companies will typically have well-defined
business models, quality management teams and the ability to achieve a
sufficient level of scale in their activities so as to present a number of
potential exit options.

The Fund will be managed by Core Capital Growth which has been established to
bring together a combination of investment, entrepreneurial, and commercial
skill to take advantage of the investment opportunity within the small to
mid-size private equity market.


Enquiries:

Stephen Edwards                             020 7317 0150
Core Growth Capital LLP

Paul Glover                                 020 7523 8471
Collins Stewart Limited



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