Issue of Equity

Albion Venture Capital Trust PLC

                    Issue of Equity and Total Voting Rights

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), On 31 December
2010 the  Company allotted 51,690 Ordinary shares of 50p each (the "New Ordinary
shares")  in the capital of the Company.  The New Ordinary shares were issued at
a  price of 78.3p, comprising the net  asset value at 31 September 2010 less the
dividend of 2.5 pence per Ordinary share.

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 5 January 2011. The
New  Ordinary shares  will rank  pari passu  in all  respects with  the existing
Ordinary shares in issue.

Following  the issue  of the  New Ordinary  shares, Albion Venture Capital Trust
PLC's  capital as at 31 December 2010 consists of 36,200,696 Ordinary shares and
1,912,278 shares in Treasury.

Therefore  the total number of voting rights in Albion Venture Capital Trust PLC
is  34,288,418 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 Venture Capital Trust PLC
under the FSA's Disclosure and Transparency rules.


For further information, please contact:

Isabel Dolan
Albion Ventures LLP
Tel:      020 7601 1850






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Source: Albion Venture Capital Trust PLC via Thomson Reuters ONE

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