Transaction in Own Shares

Elderstreet VCT plc
Transaction in own shares
28 August 2008

Elderstreet VCT plc announces that, on 28 August 2008, the Company
purchased 20,000 Ordinary Shares of 5p each for cancellation
representing approximately 0.1% of the issued Ordinary share capital
at a price of 79.0p per share.

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