Issue of Equity

Albion Venture Capital Trust PLC



The  first allotment of New Ordinary Shares  of nominal value 50 pence per share
in  Albion Venture Capital Trust  PLC under the Albion  VCTs Linked Top Up Offer
(which  was launched on  1 November 2010) (the "Offer")  took place on 7 January
2011 at an issue price of 82.9 pence per New Ordinary Share.

Applications for 789,262 New Ordinary Shares in Albion Venture Capital Trust VCT
PLC  were received, including those applications received within the first £2.5m
subscribed  under the Offer, which are entitled to an additional 1% of the value
subscribed,  in New Ordinary Shares. The cost of this additional 1% New Ordinary
Shares is being borne by the Manager, Albion Ventures LLP.

The  net proceeds of the  Offer to date to  Albion Venture Capital Trust PLC are
approximately  £604,000. The  Offer will  remain open  until 12 noon  on 5 April
2011 unless fully subscribed and closed earlier.

Application  has been made  to the Financial  Services Authority for 789,262 New
Ordinary  Shares to  be admitted  to the  Official List  and to the London Stock
Exchange  for the New  Ordinary Shares to  be admitted to  trading on the London
Stock Exchange's market for listed securities.

It  is expected that Admission  will become effective, and  that dealings in the
shares will commence on or before, 8.00 a.m. on 14 January 2011.

As  at the  first closing  of the  Albion VCTs  Linked Top Up Offer on 7 January
2011, applications  (across all seven  of the Albion  VCTs) totalling £4,261,500
were received, and will be met in full.

Further  details of the Albion VCTs Linked  Top Up Offer (including the Investor
Guide  and Offer Document issued on 1 November 2010) can be found at www.albion-
ventures.co.uk.


For further information, please contact:


 Patrick Reeve         020 7601 1850
 Albion Ventures LLP


10 January 2011






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Source: Albion Venture Capital Trust PLC via Thomson Reuters ONE

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