Issue of Equity and Total Voting Rights

Albion Development VCT PLC

The  final allotment for this  tax year of New  Ordinary Shares of nominal value
50 pence  per share in Albion  Development VCT PLC under  the Albion VCTs Linked
Top Up Offer (which was launched on 1 November 2010) took place on 5 April 2011
at an issue price of 80.1 pence per New Ordinary Share.

Applications  for 533,103 New Ordinary Shares in Albion Development VCT PLC were
received.

The  net proceeds  of the  Offer for  this allotment  are approximately £400,000
bringing  the  total  to  date  for  Albion Development VCT PLC to approximately
£1,653,000.

Application  has been made  to the Financial  Services Authority for 533,103 New
Ordinary  Shares to  be admitted  to the  Official List  and to the London Stock
Exchange  for the New  Ordinary Shares to  be admitted to  trading on the London
Stock Exchange's market for listed securities.

It  is expected that Admission  will become effective, and  that dealings in the
shares will commence on or before, 8.00 a.m. on 12 April 2011.

As  at this  third closing  of the  Albion VCTs  Linked Top  Up Offer on 5 April
2011, the   total   raised  under  the  Offer  was  £11.54m  (including  amounts
reinvested).

Following  this allotment  and in  conformity with  the Transparency Directive's
transitional provision 6, we would like to notify the market of the following:

Albion  Development VCT PLC's capital as at 6 April 2011 consists of 34,600,635
Ordinary  shares and 6,335,155 D shares, both with a nominal value of 50p each.
Albion Development VCT PLC holds 3,243,696 Ordinary shares in Treasury.

Therefore,  the total number of  voting rights in Albion  Development VCT PLC is
37,692,094, which  may  be  used  by  shareholders  as  the  denominator for the
calculations  by which they will determine if  they are required to notify their
interest  in, or a change to their interest in, Albion Development VCT PLC under
the FSA's Disclosure and Transparency Rules.


For further information, please contact:


 Patrick Reeve         020 7601 1850
 Albion Ventures LLP


6 April 2011






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Source: Albion Development VCT PLC - Ordinary Shares via Thomson Reuters ONE

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