Allenbridge - Current VCT discounts

VCTs: Investing with Confidence

Allenbridge Limited has been analysing tax shelter products including VCTs, EIS and Film Partnerships since 1985 (longer than any of our competitors) and has received acclaim for thorough and incisive research.

We always meet with management of each fund and look at all aspects of the proposal including management record, strategy, level of risk, incentive structure and costs.

We were awarded the Award for Best EIS Research 2005 and Award for Best EIS Publisher 2006 by the EIS Association.

If you are comfortable with the risk profile of VCTs, understand the product and wish to invest on an execution only basis,we invite you to download prospectuses for any of the open funds listed below.

Allenbridge Promise is to endeavour to match any discount on initial commission.

If you find a better deal elsewhere, then please let us know and we will look to match this.

	Funds				Last Update 27/01/2012
Name	Target	Min Inv	Closing	Discount*	Download	Request
	(£M)	(£'000)		(%)	Download	Request
Generalist

Albion VCTs Linked Top Up Offer 2011/2012	15	10	05 Apr '12	2
Baronsmead Linked Offer	16	4	05 Apr '12	2
British Smaller Companies VCT 2 plc (Top Up)	10	5	05 Apr '12	2.25
Downing Income VCT 3 plc 'E' Shares 1	20	5	30 Apr '12	4*
Elderstreet VCT plc	2	5	30 Apr '12	2.5
Foresight & Foresight 2 VCT's Infrastructure Shares 1	30	5	05 Apr '12	4*
Ingenious Entertainment VCT 1 & 2 plc 'G' Shares	15	3	05 Apr '12	2.5
Matrix VCTs Linked Top Up Offer 1	21	5	30 Apr '12	4*
Maven Income and Growth VCTs 1	5	5	05 Apr '12	3.5*
Northern 2 VCT plc (Top Up) (Existing Northern Shareholders)2	15	5	30 Apr '12	4.5*
Northern 2 VCT plc (Top Up) (New Investors)2	15	5	30 Apr '12	3.5*
Octopus Titan VCTS Linked Top up	6.25	3	30 Apr '12	2.5
Octopus VCT 3 & 4 plc	40	3	05 Apr '12	2.5
ProVen VCT plc (new Ordinary Shares) (Existing Shareholders)3	15	5	31 May '12	4.5*
ProVen VCT plc (new Ordinary Shares) (New Investors)3	15	5	31 May '12	3.5*
Puma VCT 8 plc	30	5	05 Apr '12	2.5

1 Early Bird offer until 29 February 2012. 2 Early Bird offer until 6 February 2012. 3 Early Bird offer until 14 February 2012. AIM
Amati VCT 2 plc (Ex VicTory VCT plc) (Top Up)	30	2	27 Sept '12	2.25
Specialist
Edge Performance VCT plc 'H' Shares	10	5	08 June '12	2.5
Iona Environmental VCT plc 'B' Shares	10	5	05 Apr '12	3
.
Limited Life
Downing Planned Exit VCTs 2 & 3 plc 'F' Shares (Existing Downing Shareholders)4	20	5	30 Apr '12	3.5*
Downing Planned Exit VCTs 2 & 3 plc 'F' Shares (New Investors)	20	5	30 Apr '12	2.5
Downing Structured Opportunities VCT 1 plc 'D' Shares (Existing Downing Shareholders)4	20	5	30 Apr '12	3.5*
Downing Structured Opportunities VCT 1 plc 'D' Shares (New Investors)	20	5	30 Apr '12	2.5
Edge Performance VCT plc 'I' Shares (Existing Investors)5	10	5	08 June '12	5.5*
Edge Performance VCT plc 'I' Shares (New Investors)6	10	5	08 June '12	3.5*
TP12 (I) and (II) VCT plc	20	25	30 Mar '12	1

4 Early Bird offer until 17 February 2012. 5 Early Bird offer until 29 February 2012. 6 Early Bird offer until 29 February 2012.

* Please note that we take into account any early-bird or other enhanced-term offers that may be provided by VCT managers/promoters. The offer may contain a mixture of increased initial commission and additional share allocation, which is decided at the sole discretion of the VCT managers/promoters. Our discounts stated above reflect the inclusion of these offers. Please contact us for full details of terms and conditions.

WHY CHOOSE ALLENBRIDGE?

Well-established research unit and market commentators for over 20 years
Allenbridge aim to offer maximum discounts on initial commission (Please note*)
Free access to market leading research: 'Tax Shelter Report'
(Best EIS Research 2005 by the EIS Association)
When you invest in a Venture Capital Trust through Allenbridge, you will receive one tax year's free online access to our definitive publication: Tax Shelter Report.
We offer complimentary ongoing investment monitoring through our valuation and reporting service exclusively for Allenbridge clients
Access to prospectuses/application forms and performance tables online
Expert Helpdesk and administration query line

(Please note*) Wherever possible we look to re-invest all our initial commission to give you additional shares. If not, we will provide you with a cash-back cheque.

SERVICES AVAILABLE

Annual Tax Shelter Research Subscription
Annual VCT Valuation (professional clients)
Individual VCT and EIS research reviews
Tax Shelter Research and Valuation service

Not yet entirely comfortable? Telephone 02074091111 and allow our team of expert advisors to offer you tailored advice and a personal service, both before and after investment. No investment is too small and no phone-call too long.

Our ratings are based on a variety of factors; they do not constitute, nor should they be treated as, recommendations. A high rating does not mean a particular VCT will be suitable for all investors. Remember, if you are in any doubt as to the suitability of individual VCTs then please contact us.