TIDMIE1F

15 May 2012

Ingenious Entertainment VCT 1 plc (the "Company")

Extension of Offer Period

The Company is pleased to advise that the joint offer for subscription dated 21 November 2011 (the "Offer") of up to, in aggregate, 15,000,000 G Shares comprising up to 7,500,000 G Shares in the share capital of each of the Company and Ingenious Entertainment VCT 2 plc ("VCT 2") at an offer price of 100p per G Share, together with an over-allotment facility of up to, in aggregate, a further 10,000,000 G Shares comprising up to 5,000,000 G Shares in the share capital of each of the Company and VCT 2, has been extended to 5pm on 31 August 2012.

Enquiries to:Sarah CruickshankCompany SecretaryIngenious Entertainment VCT 1 plc15 Golden SquareLondonW1F 9JG020 7319 4000

MHP CommunicationsReg Hoare / Barnaby Fry / Simon Hockridge / Giles RobinsonTel: 020 3128 8100ingenious@mhpc.com
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