EKV Electra Kingswy

RNS Number:7995N
Electra Kingsway VCT PLC
12 February 2008

                    Electra Kingsway VCT Plc ("the Company")

                          Interim Management Statement

                                 February 2008



Electra Kingsway VCT Plc presents its interim management statement for the three
month period from 1 October 2007 to 31 December 2007. This is the first Interim
Management Statement issued by the Company in accordance with the new EU
Transparency Directive and FSA requirements.



Rupert Pennant-Rea, Electra Kingsway VCT Plc's Chairman said:



"Our outlook for the business is unchanged and much will depend on the overall
economic environment. The manager has been active in seeking new investments and
realisations through the first three months. The economic outlook and
availability of bank finance may reduce the level of realisations in the short
term and create investment opportunities for those funds with capital to invest.
"



Investments and realisations



The Company invested a total of �2.5 million in the three months to 31 December
2007. Investment for the equivalent period last year was �0.9 million.



The two largest investments in the period were �1.2 million made in The Fin
Machine Company and �1.2 million in Kingsway Acquisitions Ltd (Springrealm),
companies specialising in Manufacturing and Branded Menswear respectively.



During the three months to 31 December 2007, the Company received proceeds from
the sale of its holding in Signature Brands and a partial realisation of its
holding of Music Copyright Solutions, both totalling �0.1 million (2006:�0.5
million).



After the quarter end the Company made two further investments totalling �0.2
million and received proceeds totalling �1.6 million from the sale of its
holding in Gyro International (�1.1 million) and the part realisation of its
holding in Electra Private Equity (�0.5 million).



Share Buybacks



During the three months to 31 December 2007, no shares were issued and no shares
were bought back by the Company for cancellation.



Since 31st December 2007 the Company has acquired 379,652 ordinary shares for
cancellation.



The number of ordinary shares in issue was 19,499,679 and the number of C shares
in issue was 9,093,156 as at 11th February 2008.





Final Results



On 25 January 2008, the Company announced its results for the financial year
ended 30 September 2007 and the date of the forthcoming Annual General Meeting.



Ends



For information please contact:



Nick Ross, Director Electra Kingsway VCT Plc

020 7214 4200



This statement aims to give an indication of material events and transactions
that have taken place during the period from 1 October 2007 to the date of
publication of this statement and their impact on the financial position of
Electra Kingsway VCT Plc. These indications reflect the Board's current view.
They are subject to a number of risks and uncertainties and could change.
Factors which could cause or contribute to such differences include, but are not
limited to, general economic and market conditions and specific factors
affecting the financial prospects or performance of individual investments
within the Company's portfolio.




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

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