Total voting rights
             



PHOENIX VCT PLC



30 September 2008



VOTING RIGHTS AND CAPITAL

In conformity with the Transparency Directive's transitional
provision 6 we would like to notify the market of the following:



Phoenix VCT plc's capital consists of 11,073,245 Ordinary shares and
5,460,498 C shares with a nominal value of

10p each, with voting rights.  Phoenix VCT plc does not hold any
ordinary shares in Treasury.



Therefore, the total number of voting rights in Phoenix VCT plc is
16,533,743 (the 'Figure').



The Figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are

required to notify their interest in, or a change to their interest
in, Phoenix VCT plc under the FSA's Disclosure and

Transparency Rules.



ENDS

---END OF MESSAGE---




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