Circ re. General Meeting

ALBION TECHNOLOGY & GENERAL VCT PLC

The Board of Albion Technology & General VCT PLC ('the Company') announces that it has posted a circular to shareholders containing details of resolutions which will be proposed at a General Meeting to be held at 12.45 pm immediately following the Annual General Meeting of the Company convened for 22 June 2012 at 12.30pm.

 The first two resolutions are ordinary resolutions authorising the creation and allotment of a single new Deferred Share out of the amount attributed to the Company's capital redemption reserve at the time of the conversion of C shares into Ordinary shares in March 2011. The third resolution is a special resolution to disapply the statutory pre-emption rights in relation to the issue of the Deferred Share to Albion Ventures LLP, the Company's investment manager.

 The final resolution is a special resolution to cancel the Deferred Share, reduce the Company's share capital and cancel the capital redemption reserve and share premium account, subject to confirmation of the Court. This resolution replaces resolution 16 which will now not be proposed at the AGM.

The full text of the resolutions are set out in the circular. A copy of the circular is being sent to shareholders and copies will be made available to the public at the registered office of the Company, Companies House, the National Storage Mechanism and also electronically at www.albion-ventures.co.uk under the 'Our Funds' section by clicking Albion Technology & General VCT PLC, and looking in the Financial Reports and Circulars section.

For further information please contact
Isabel Dolan, Albion Ventures LLP
0207 601 1882

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Source: Albion Technology & General VCT PLC - Ordinary Shares via Thomson Reuters ONE

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