18 SEPTEMBER 2004, Page 21

T HE GOVERNMENT has generously decided to offer 40% income tax relief on new 'i'CT investments.

It's their way of giving small businesses a leg up. So, if you plan to venture into the VCT jungle for the first time a word to the wise: tracking down profits can be quite a challenge, especially amongst newer companies. That's where our experience as a profit hunter comes in. Our second VCT, Artemis AiM VCT 2 plc, launching in October, will be managed by two people with years of VCT experience. They've also successfullyt managed our existing VCT for the last three years. If you're an investor seeking adventure and significant tax advantages, contact your Independent Financial Adviser or telephone Artemis on 0800 092 2090 or you can just simply email investorstipport@artemiOinds.com for further information.

This advertisement does not constitute an offer, invitation or solicitation to deal in securities. The value of shares in a VCT, and any income from them, can fall as well as rise and you may not get back the amount you originally invested. Investment in a VCT carries a higher risk than many other forms of investment and potential investors are strongly advised to seek professional advice. In particular, a VCT's shares although listed,

may be difficult to realise and a VCT's underlying investments in the securities of smaller or unquoted companies and in companies in specialist sectors can involve greater risk than investment in larger more established firms. Existing tax levels and reliefs may change and the value of relief depends on individual circumstances. If a VCT loses its Inland Revenue approval MX relief previously obtained may be lost.