Doc re. Share buy-backs

Crown Place VCT PLC
Share buy-backs

The board of Crown Place VCT PLC announces a change in policy regarding the discount applied to the buying back of shares by the Company.

With immediate effect, the Company's target is to be able to buy back shares at discounts to net assets of up to 5 per cent.

This policy is subject to the overall constraint that such purchases are in the Company's interests so far as market conditions and liquidity permit. This includes the maintenance of sufficient cash resources for investment in new and existing investee companies and the continued payment of dividends to shareholders and it may, therefore, be subject in the future to monetary limits on the amount that may be spent on buy-backs in any six month period.

The Company's half year is 31 December 2012 and consequently will enter a 'close' period on that date, and be unable to buy in shares from that date until the announcement of its interim results in February 2013.

For further information please contact
Patrick Reeve
Albion Ventures LLP
0207 601 1850

---

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Crown Place VCT PLC via Thomson Reuters ONE

HUG#1663135