Transaction in Own Shares

17 MARCH 2010

NORTHERN VENTURE TRUST PLC ("The Company")

PURCHASE OF OWN SHARES AND TOTAL VOTING RIGHTS

The Company announces that on 13 January 2010 it purchased for cancellation
under an authority granted by shareholders at the annual general meeting held on
13 January 2010 all of its 42,219,238 deferred shares of 25p each for an
aggregate consideration of 43p.

In  conformity with the Transparency Directive,  the Company notifies the market
that  the capital of  the Company consists  of 59,339,418 ordinary shares with a
nominal value of 25p each, with voting rights.

The Company does not hold any ordinary shares in treasury.

Therefore,  the total number of voting  rights in the Company is 59,339,418 (the
"Figure").

The  Figure may be used by a shareholder  or other person as the denominator for
the  calculations by  which he  will determine  if he  is required to notify the
voting  rights he holds in relation to the  Company, or a change to those voting
rights, under the FSA's Disclosure and Transparency Rules.

Enquiries:

Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191 244 6000
Website:  www.nvm.co.uk <

http://www.nvm.co.uk/>


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