CR5 Core Vct V

    Core VCT V plc

8 November 2007

Change of Directors

Core VCT V plc announces the resignation as a director of Hylton
Murray-Philipson with effect from 7 November 2007. The Company would like to
thank Mr Murray-Philipson for his service to the Company.

The Company is pleased to announce the appointment of Stephen Edwards as a
director of the Company with effect from 7 November 2007. Mr Edwards is a
partner in Core Capital LLP, a specialist investor in smaller-middle market
companies in the UK, and the manager of the Core VCT V funds. He has over 19
years' experience in private equity and corporate finance.

For further information please contact:

Robert Brittain at Matrix-Securities Limited, Company Secretary, on 020 7925
3300



END

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