Transaction in Own Shares

Downing Distribution VCT 1 plc
Transaction in own shares
23 December 2010

Downing  Distribution  VCT  1 plc announces  that  on  the  23 December 2010 the
Company   purchased   48,718 Ordinary   Shares   of   1p each  for  cancellation
representing  approximately  0.23% of  the  issued  share  capital at a price of
82.0p per share.







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Source: Downing Distribution VCT 1 plc via Thomson Reuters ONE

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