Launch of Albion VCTs Linked Top Up Offer

Albion Venture Capital Trust PLC
                 Launch of the Albion VCTs Linked Top Up Offer

Further to the announcement made on 7 October 2010, the Board is pleased to
announce the launch today of the Albion VCTs Linked Top Up Offer (the 'Offer').

This Offer is aiming to raise up to £15m across all of the seven VCTs managed by
Albion Ventures LLP (the 'Albion VCTs'), of which Albion Venture Capital Trust
PLC's share will be approximately £2.25m.

The maximum amount raised by each of the Albion VCTs will be the lower of Euros
2.5 million, and 10 per cent. of its issued share capital (over any one 12 month
period, and including any shares issued under Dividend Reinvestment Schemes),
being the amount that they may issue under the Prospectus Rules without the
publication of a full prospectus. The number of New Shares available may change
depending on the £: euro exchange rate at the date of allotment.

The proceeds of the Offer will be used to provide further resources to the
Albion VCTs at a time when a number of attractive new investment opportunities
are being seen.

The Promoter for the Offer is RAM Capital Partners LLP
74, Chancery Lane,
London
WC2A 1AD
Tel: [phone]
Fax: [phone]
Email: [e-mail]

The Receiving Agent for the Offer is Albion Ventures LLP
1, King's Arms Yard
London
EC2R 7AF
Telephone:
Fax: [phone]
Email: [e-mail]

The Investor Guide and Offer document, which are attached below, can be found on
the website www.albion-ventures.co.uk, and will also be filed at the National
Storage Mechanism. Both the Investor Guide and Offer document will also be sent
to shareholders of VCTs managed by Albion Ventures LLP.

Copies of the Investor Guide and Offer document can also be obtained free of
charge from
Albion Ventures LLP
1, King's Arms Yard
London
EC2R 7AF
Telephone:
Fax: [phone]
Email:[e-mail]

1 November 2010
Contact
Patrick Reeve, Albion Ventures LLP 0207 601 1850


[HUG#1457746]





Albion VCTs Linked  Top Up Offer Offer Document: 


http://hugin.info/141809/R/1457746/397272.pdf

Albion VCTs Linked  Top Up Offer Investor Guide: 


http://hugin.info/141809/R/1457746/397271.pdf




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Source: Albion Venture Capital Trust PLC via Thomson Reuters ONE