RNS Number:3104B
Ingenious Live VCT 1 plc
01 August 2007




Ingenious Live VCT 1 PLC (the "Company")

1 August 2007

Issue of Equity


The Company is pleased to announce that it allotted 1,026,237 ordinary shares of
1p each on 31 July 2007 (the "Shares") in accordance with the offer for
subscription of up to 50,000,000 ordinary shares of 1p each published by the
Company and Ingenious Live VCT 2 plc on 8 November 2006 (the "Offer").

The total issued ordinary share capital of the Company now stands at 9,242,845
ordinary shares of 1p each.

An application has been made for the Shares to be admitted to the Official List
maintained by the Financial Services Authority and to trading on the London
Stock Exchange's market for listed securities. Admission of the Shares is
expected to take place as soon as practicable.


The Offer closed at 3pm 31 July 2007.


Enquiries to:

Sarah Cruickshank
Company Secretary
Ingenious Media Investments Limited
15 Golden Square
London
W1F 9JG

020 7319 4000




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

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