RNS Number:5755V
Phoenix VCT PLC
13 December 2005


Phoenix VCT PLC (the "Company")

13 December 2005

NET ASSET VALUE

Phoenix VCT plc announces that as at 30 November 2005 the unaudited net asset
value per Ordinary Share was 97.2 pence and the unaudited net asset value per C
Share was 94.7 pence.

In accordance with International Financial Reporting Standards, the holdings in
the fund are now valued at bid rather than mid-market prices.

ENDS


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