Directorate Change

RNS Number:7476U
AIM VCT PLC
28 January 2004

TO:        RNS

FROM:      The AiM VCT plc

DATE:      28 January 2004

SUBJECT:   Directorate Changes


The Board of Directors of The AiM VCT plc announces that, due to an increase in
business commitments, Mr Norman Murray (aged 55) will not be standing for
re-election at the Annual General Meeting to be held in March 2004. The Board of
Directors is pleased to announce that Mr Gordon Harvey has accepted chairmanship
of the Company. Mr Harvey (aged 60) has been a non-executive Director of the
Company since it commenced trading on 8 December 1998.


The Board of Directors of The AiM VCT plc also announces that Mr John Gregory
(aged 55) has, with immediate effect, been appointed a non-executive Director of
the Company. He is an executive director of Noble Fund Managers Limited and has
over 30 years' experience in banking, corporate finance and fund management
services. He is currently a non-executive director of Enterprise VCT plc and two
AiM-listed companies, Maelor plc and Avionic Services plc.


Mr Gregory is not a director of any other publicly quoted company nor has he
been at any time in the last five years, and there are no details requiring to
be disclosed under paragraphs 6.F.2(b) to (g) referred to in paragraph 16.4 of
the Listing Rules.


The Board of Directors of The AiM VCT plc also announces that Mr Martin Groak
(aged 53) has, with immediate effect, been appointed a non-executive Director of
the Company. He is a Chartered Accountant with 25 years' experience in financial
and general management in Europe and the USA. He is also non-executive Finance
Director of Gold Mines of Sardinia plc, an AiM-listed mining company.


Mr Groak is not a director of any other publicly quoted company but in the last
five years was a director of Marker Management Services Limited, Medoro
Resources Limited, Primary International Holdings Limited and Balli Steel plc.


Mr Groak was a director of Lazarus Metal Resources (UK) Limited and Lazarus
Metals Limited, a UK based metals trader. Both companies were put into
administrative receivership in January 2001 following the loss of a cargo at sea
for which financial recovery could not be obtained from the insurers. The
directors were exonerated by the Administrator in his report. There are no
further details requiring to be disclosed under Paragraph 6.F.2. (b) to (g)
referred to Paragraph 16.4 of the Listing Rules.


              For further information please contact:

                     Rhonda Nicoll, ISIS Asset Management plc:     0131 465 1000

                     Company Secretary



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