Transaction in Own Shares

ALBION DEVELOPMENT VCT PLC

TRANSACTION IN OWN SHARES AND TOTAL VOTING RIGHTS AND CAPITAL

Albion Development VCT PLC (the "Company") announces that it purchased 30,000 Ordinary shares at 69.69 pence per share on 2 June 2014. The shares purchased represent 0.07% of the total number of voting rights in the Company before the transaction.  These shares will be held in treasury.

Following this transaction, and in conformity with the provisions of DTR 5.6, we would like to notify the market of the following:

The capital of the Company as at 2 June 2014 consisted of 40,311,270 Ordinary shares and 6,397,531 D shares both with a nominal value of 1 penny each. The Company holds 4,112,000 Ordinary shares and 25,625 D shares in treasury.

Therefore, the total number of voting rights in the Company is 36,199,270 in respect of Ordinary shares and 6,371,906 in respect of D shares giving a total voting rights of 42,571,176 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, the Company under the FCA's Disclosure and Transparency Rules.

2 June 2014

Company Secretary
Albion Ventures LLP
Tel: [phone]

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Albion Development VCT PLC - Ordinary Shares via Globenewswire

HUG#1790091