Advantage Venture Fund Sold Out. $5.8 Million of

Advantage Life Science Fund II Available

Advantage Life Science Fund II now offered for sale

Vancouver, December 6, 2007 - BC Advantage Funds (VCC) Ltd. announced today that it has sold out the $10 million 2007 tax credit allocation for the Advantage Venture Fund (BCA100) - having placed over $1.5 million in sales over the past ten days.

Advantage's President and Partner, Jim Heppell, commented, "This has been an exceptional fund raising year for Advantage and we are confident that we will sell out the remaining $5.8 million of tax credit allocation for the Advantage Life Sciences Fund II (BCA800)."

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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