RNS Number:0710U
Phoenix VCT PLC
14 November 2005


PHOENIX VCT PLC (the "Company")

14 November 2005

NET ASSET VALUE

Phoenix VCT plc announces that as at 31 October 2005 the unaudited net asset
value per Ordinary Share was 100.5 pence and the unaudited net asset value 
per C Share was 94.7 pence.

ENDS




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

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Phoenix Vct (LSE:PHXC)
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