RNS Number:5774M
Pennine Downing Ethical VCT PLC
2 November 2001


Application has been made to the UK Listing Authority and the London Stock
Exchange for 266,099 shares of 5p at #1 each, issued for cash, to be listed on
the London Stock Exchange. Dealings in the shares is expected to commence on
8th November 2001. Following this listing there will be 11,037,601 shares in
issue.



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