RNS Number:4789X
Phoenix VCT PLC
26 January 2006



Phoenix VCT PLC (the "Company")

26 January 2006

NET ASSET VALUE

Phoenix VCT plc announces that as at 31 December 2006 the unaudited net asset
value per Ordinary Share was 97.6 pence and the unaudited net asset value per C
Share was 95.8 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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