Downing Structured Opportunities VCT 1 plc
Net Asset Values

Downing  Structured  Opportunities  VCT  1 plc  announces that its unaudited Net
Asset Values as at 31 December 2009 were as follows:


                   Pence per share

  Ordinary Share             102.0

  A Share                      0.1

  Total                      102.1
                                    

[HUG#1376972]