Advantage Sales Cross $9.5M; Additional $3.0M Allocation Received

Vancouver, February 14, 2007 - BC Advantage Funds (VCC) Ltd. announced today that it has sold more than $9.5 million of its original $10 million 2006 tax credit allocation. Advantage also announced that the Investment Capital Branch of the Province of British Columbia has granted an additional $3 million of 2006 tax credit allocation to Advantage in order to allow it to meet some of the demand for its shares through the February RRSP season.

Advantage COO and Partner, David Raffa said, "We are very pleased with the support we have received from the investment community and the confidence that this demonstrates in our fund. We are also appreciative that the Investment Capital Branch has responded by providing us with the additional 2006 tax credit allocation to help meet demand."

Advantage can now raise a total of $13 million from sales of its shares on or before February 28, 2007. All purchasers of these shares will receive a 30% refundable tax credit relating to their 2006 taxation year.

Advantage is a British Columbia venture capital corporation that invests in emerging life science and technology companies in the Province. The additional capital raised from its 2006 fund sales will allow Advantage to put more capital to work through investments in promising early stage companies.

Mr. Raffa continued, "We are confident that we will sell out this additional allocation as we continue to see strong demand for our shares from our financial partners and clients. As markets move away from commodities, our investment team believes this is a good time to be investing in early stage BC technology and life science companies."

About Advantage

Advantage offers everyone in BC the opportunity to invest in some of the Province's most promising life science, technology and clean-technology companies. Advantage investors receive a 30% refundable tax credit from the BC government on investments of up to $200,000 per year.

For more information about Advantage, please review our prospectus, visit our website at www.bcadvantagefunds.com or contact our Vice President, Sales and Marketing, Ray Matthews at rmatthews@lionscapital.com or 604.818.7778.

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