RNS Number:2279D
Aberdeen Growth VCT1 PLC
18 May 2006



Aberdeen Growth VCT I PLC

Declaration of Capital Dividend

As indicated in the Preliminary Announcement released on 4 April 2006, the
Directors confirm that the Company has now renounced investment company status,
which enables it to pay capital dividends to its Shareholders.

The Board has pleasure in declaring the Company's first capital dividend, of
2.00p per Ordinary share, for payment on 23 June 2006 to Shareholders on the
register at close of business on 26 May 2006. It is intended that the payment
will be made along with the proposed final revenue dividend of 1.20p per share
in respect of the year ended 31 January 2006.



Issued on behalf of the Board

Aberdeen Asset Management PLC, Secretary

18 May 2006


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