Apollo VCT  1  plc announces  that  at a  board  meeting held  on  27
November 2006, 80,200 Ordinary  Shares of 10  pence each were  issued
and allotted to 6 subscribers at a price of 100 pence per share under
the Offer for Subscription.  The current issued share capital of  the
Company is now 1,443,168 Ordinary Shares.

Application for the new 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 will be made at the  earliest
practical opportunity.

ENDS

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Copyright � Hugin ASA 2006. All rights reserved.

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