QUV Quester Vct 5

Statement re allotment of shares Quester VCT 5 plc ("the Company") The directors are pleased to announce that the Company has made an allotment of 341,184 ordinary shares of 1p each in the Company under the 2004/2005 offer for subscription announced on 23 December 2004. It is expected that dealings will commence on Thursday 3 March 2005. The 2004/2005 offer closes on 4 April 2005 and the 2005/2006 offer, also announced on 23 December 2004, closes on 30 June 2005. For further information please contact John Spooner or Richard Drover at Quester on 020 7222 5472. 2 March 2005 END

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