Purchase of Own Securities

Elderstreet Downing VCT PLC
25 June 2003

Elderstreet Downing VCT plc

25 June 2003

Elderstreet Downing VCT plc announces that on 24 and 25 June 2003 the Company
purchased 35,100 ordinary shares of 5p each for cancellation representing 0.23%
of the issued share capital at a price of 42p per share.

Following this transaction the Company now has 14,960,400 shares in issue.


                      This information is provided by RNS
            The company news service from the London Stock Exchange       OSDELFLXQBZBBQ