RNS Number:1602B
Neptune-Calculus Income &Growth VCT
06 April 2006


                   Neptune-Calculus Income and Growth VCT plc

                    Further allotment of "C" Ordinary shares


The following amends the Neptune-Calculus Income and Growth VCT plc announcement
released today at 11:59, under RNS number 1192B.

The second paragraph referred to application being made for 2,945,203 "C"
Ordinary shares, this figures should have read 119,331.


The third paragraph stated that:-

Susan McDonald had subscribed for 10,000 shares on 5 April 2006 this should have
read 10,400 shares.

Furthermore, Susan McDonald's holding was disclosed as 30,000 this should have
read 30,600.

In addition, the interest of John Glencross was stated as 45,000 shares
representing 0.54% of the issued C shares, this should have read 45,750
representing 0.55% of the issued C shares.


All other details remain unchanged, and the full text of the announcement
appears below:

At a board meeting held on 5 April 2006 a further 119,331 "C" Ordinary shares of
10p each in Neptune-Calculus Income and Growth VCT plc ("the Company") were
allotted under the prospectus published by the Company on 5 October 2005
containing details of the Offer to Subscribe for up to 12,000,000 "C" Ordinary
shares in the Company.

Application has been made for the admission of the 119,331 "C" Ordinary shares
to the Official List of the UK Listing Authority and to trading on the London
Stock Exchange plc's market for listed securities. Trading in these "C" Ordinary
shares is expected to commence on 7 April 2006 at 8.00am. The total number of
"C" Ordinary shares allotted to date is 8,393,209.

As part of the allotment of "C" Ordinary shares announced by the Company on 5
April, Susan McDonald, the wife of John Glencross, a director of the Company,
subscribed for 10,400 "C" Ordinary shares, taking her total holding to 30,600
"C" Ordinary shares. As a result, on the basis of an issued share capital of
8,393,209 "C" Ordinary shares, John Glencross is interested in 45,750 "C"
Ordinary shares representing 0.55% of the issued "C" Ordinary shares.




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

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