RNS Number:0345B
Phoenix VCT PLC
05 April 2006


Phoenix VCT plc (the "Company")

5 April 2006

NET ASSET VALUE

Phoenix VCT plc announces that as at 31 March 2006 the unaudited net asset value
per Ordinary Share was 100.8 pence and the unaudited net asset value per C Share
was 98.7 pence.


ENDS






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

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