Issue of Equity and Total Voting Rights

29 October 2010

                      Albion Technology & General VCT plc

                                Issue of Equity

Albion  Technology & General VCT plc  (the "Company") announces that, further to
the  Dividend Reinvestment  Scheme introduced  by the  Company (details of which
were  set  out  in  the  Circular  issued to shareholders on 18 April 2008), the
Company  today allotted  34,450 Ordinary shares  of 50p each  (the "New Ordinary
shares")  and 60,068 C ordinary shares of 50p each (the "New C ordinary shares")
in  the capital of the Company.  The New  Ordinary shares were issued at a price
of 88.0p, comprising the net asset value at 30 June 2010 less the dividend of 4
pence  per Ordinary share.  The New C ordinary  shares were issued at a price of
69.1p, comprising  the net asset value at 30 June 2010 less the dividend of 1.5
pence per C ordinary share.

Accordingly,  application  has  been  made  to  the UK Listing Authority for the
admission  of  the  New  Ordinary  shares  and  the New C ordinary shares to the
Official  List of the  UK Listing Authority  and to trading  on the London Stock
Exchange's  main market for  listed securities and  it is expected that dealings
will  commence on  1 November 2010. The  New Ordinary  shares and New C ordinary
shares  will rank pari  passu in all  respects with the  existing Ordinary and C
ordinary shares in issue.

Following  the  issue  of  the  New  Ordinary  and New C ordinary shares, Albion
Technology  &  General  VCT  PLC's  capital  as  at  29 October 2010 consists of
13,770,233 ordinary shares and 35,774,708 C ordinary shares. Albion Technology &
General  VCT  PLC  holds  987,870 Ordinary  shares  and  1,795,418 C  shares  in
Treasury.

Therefore  the total number of voting rights  in Albion Technology & General VCT
PLC  is 46,761,653 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 Technology & General VCT
PLC under the FSA's Disclosure and Transparency rules.


For further information, please contact:

Isabel Dolan
Albion Ventures LLP
Tel:      020 7601 1850


[HUG#1457333]








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