Issue of Equity

6 January 2010

                        Albion Venture Capital Trust PLC

                                Issue of Equity

Albion  Venture Capital Trust 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 10 July 2008), the Company
today allotted 48,182 Ordinary shares of 50p each (the “New Ordinary Shares”) in
the  capital of the Company.  In accordance  with the Circular, the New Ordinary
Shares were issued at a price of 79.4p.

Accordingly,  application  has  been  made  to  the UK Listing Authority for the
admission  of the  New 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 7 January 2010. The
New  Ordinary Shares  will rank  pari passu  in all  respects with  the existing
Ordinary shares in issue.

In  conformity with  the Transparency  Directive’s provisions  we would  like to
notify the market of the following:

Albion  Venture Capital  Trust PLC’s  capital as  at 6 January 2010 consisted of
36,099,232 Ordinary  shares. Albion  Venture Capital  Trust PLC holds 1,122,989
Ordinary shares in treasury.

Therefore the total number of voting rights in Albion Venture Capital Trust PLC
is 34,976,243.

The  figure of 34,976,243 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 Venture Capital Trust PLC
under the FSA’s Disclosure and Transparency rules.


For further information, please contact:

Patrick Reeve
Albion Ventures LLP
Tel:      020 7601 1850





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