Transaction in Own Shares

Quester VCT PLC                                

TRANSACTION IN OWN SECURITIES

The Board of Quester VCT PLC announces that on 30th November 2004 the Company
purchased for cancellation 28,449 ordinary shares of 5p at a price of 40.9p per
share.

For further information please contact:

Jonathan Langford, Quester VCT PLC: 0207 222 5472

1 December 2004