Net Asset Value(s)
             



Phoenix VCT plc

5 December 2008

Net Asset Value(s)

Phoenix VCT plc announces that as at 30 November 2008 the unaudited
net asset value per Ordinary Share was 42.7 pence and the unaudited
net asset value per 'C' Share was 58.5 pence.

ENDS

Octopus Investments Limited
020 7710 2800

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