Transaction in Own Shares

Northern Venture Trust PLC
01 March 2005



NORTHERN VENTURE TRUST PLC ('The Company')

PURCHASE OF OWN SHARES

The Company announces that on 1 March 2005 it purchased for cancellation under
an existing authority granted by shareholders 85,000 ordinary shares of 25p each
in the market at a price of 76.0p, representing approximately 0.22 per cent of
the Company's issued share capital.  There remain 39,409,901 ordinary shares in
issue.

END

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