Purchase of Own Securities

Northern Venture Trust PLC
24 March 2003

NORTHERN VENTURE TRUST PLC (The 'Company')

PURCHASE OF OWN SHARES

The Company announces that on 24 March 2003 it purchased for cancellation under
an existing authority granted by shareholders 14,000 ordinary shares of 25p each
in the market at a price of 53p, representing approximately 0.04 per cent of the
Company's issued share capital.  There remain 40,150,928 ordinary shares in
issue.

END




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