REG-Ingenious Entertainment VCT 1 plc Issue of Equity

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Thu Jun 19, 2008 9:48am EDT 

LONDON--(Business Wire)--


19 June 2008

                Ingenious Entertainment VCT 1 plc (the "Company")

                      Issue of Equity & Total Voting Rights

The Company is pleased to announce that 228,467 Ordinary Shares of 1p each were
issued and allotted by the Company on 19 June 2008 pursuant to the offer for
subscription (the "Offer") of up to 30,000,000 Ordinary Shares of 1p each as set
out in the prospectus published by the Company and Ingenious Entertainment VCT 2
plc on 22 November 2007. An equal number of Ordinary Shares were issued and
allotted by Ingenious Entertainment VCT 2 plc on the same date.

Following this the issued share capital of the Company will consist of 9,953,532
Ordinary Shares with a nominal value of 1p each, with voting rights. The Company
does not hold any Ordinary Shares in Treasury. Therefore, the total number of
voting rights in the Company is 9,953,532.

Application will be made for 228,467 Ordinary Shares to be admitted to the
Official List of the UK Listing Authority and to trading on the London Stock
Exchange's market for listed securities, and dealings are expected to commence
on 20 June 2008.

The Offer will close on 31 July 2008 at 3pm unless previously extended or fully
subscribed.

Enquiries to:

Sarah Cruickshank
Ingenious Ventures
15 Golden Square
London
W1F 9JG

020 7319 4000

Ingenious Entertainment VCT 1 plc

Copyright Business Wire 2008
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