Purchase of Own Securities

Northern Venture Trust PLC
25 September 2001


                  NORTHERN VENTURE TRUST PLC (THE 'Company')

                            PURCHASE OF OWN SHARES


The Company announces that on 25 September 2001 it purchased for cancellation
under an existing authority granted by shareholders 60,000 ordinary shares of
25p each in the market at a price of 80.5p, representing approximately 0.15
per cent of the company's issued share capital. There remain 40,872,351
ordinary shares in issue.