RNS Number:3903H
Close Brothers Protected VCT PLC
12 February 2003


                        Close Brothers Protected VCT PLC


The board of Close Brothers Protected VCT PLC announces that as at 31 January
2003 the unaudited net asset value of the company was approximately 81p per
share.


12 February 2003


Martin Bralsford (Chairman)            Tel: 01534 508400

Patrick Reeve (investment manager)     Tel: 020 7426 4000


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