Issue of Equity

Albion Development VCT PLC


The  third allotment under the terms of the Offer for Subscription (the "Offer")
for  D shares ("D  Shares") in Albion  Development VCT PLC  (the "Company") took
place on 25 February 2010, at an issue price of 100p per D Share.

Applications  were received under the Offer for 112,150 D Shares and will be met
in  full. This brings  the total number  of D Shares  allotted to date under the
Offer to 2,107,175.

The  net proceeds of the allotment today  are £0.11 million. The net proceeds of
all allotments to date under the terms of the Offer are now £2.0 million.

The  Offer will remain  open until 5 April  2010 in respect of the 2009/2010 tax
year  and  30 April  2010 in  respect  of  the  2010/2011 tax year unless closed
earlier.

Application  has been  made to  the Financial  Services Authority  for 112,150 D
Shares  to be admitted to the Official List and to the London Stock Exchange for
the D 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, at 8.00 a.m. on 1 March 2010.


For further information, please contact:



  Patrick Reeve         020 7601 1850
  Albion Ventures LLP


25 February 2010


[HUG#1388798]