RNS Number:0779A
Phoenix VCT PLC
20 March 2006






Phoenix VCT PLC (the "Company")


20 MARCH 2006


NET ASSET VALUE


Phoenix VCT plc announces that as at 28 February 2006 the unaudited net asset
value per Ordinary Share was 98.1 pence and the unaudited net asset value per C
Share was 97.1 pence.


ENDS



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

END
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