RNS Number:5029X
Phoenix VCT PLC
26 January 2006



Phoenix VCT PLC (the "Company")



26 January 2006



NET ASSET VALUE - REPLACEMENT





The following replaces the NET ASSET VALUE(S) announcement released 26 January
2006 at 10:34 under the RNS number 4789X. The original announcement should have
quoted the unaudited net asset values as at 31 December 2005 not 31 December
2006 as previously stated.



The full correct version of the announcement appears below.









Phoenix VCT PLC (the "Company")



26 January 2006



NET ASSET VALUE



Phoenix VCT plc announces that as at 31 December 2005 the unaudited net asset
value per Ordinary Share was 97.6 pence and the unaudited net asset value per C
Share was 95.8 pence.



In accordance with International Financial Reporting Standards, the holdings in
the fund are now valued at bid rather than mid-market prices.



ENDS




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

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