Guinness Flight Venture Capital Trust Plc                   

The Company announces that as at the close of business on 30 November 2006 the
10 largest investments in the Company's portfolio were:

Top Ten                                % Gross Assets  
                                                       
VYRE Limited (Offstump)               15.92            
                                                       
LG & DE Limited                       12.84      
                                                       
Higher Nature Limited                 10.61            
                                                       
Mawdsley's GNS Limited                9.99             
                                                       
Bridgefilms Limited (Sooty)           9.83       
                                                       
Espresso Broadband Limited            9.18       
                                                       
Pearl Products Limited                7.29             
                                                       
Serrastone SA                         7.00             
                                                       
Mawdsley's BER Limited                4.94       
                                                       
International Diagnostics Group plc   3.01             
                                                       
                                      90.61   

         

Enquiries please contact:

Hilary Black 020 7597 2000

Investec Investment Management Limited



END



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