RNS Number:3981N
Phoenix VCT PLC
10 July 2003



Phoenix VCT PLC (the "Company")

10 July 2003

Phoenix VCT announces that the unaudited net asset value per share of the
Company as at close of business on 30 June 2003 was 94.9 pence per ordinary
share.

ENDS

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

END
NAVEAFXEFDLDEFE