Transaction in Own Shares

Northern Venture Trust PLC
12 January 2005


NORTHERN VENTURE TRUST PLC ('The Company')

PURCHASE OF OWN SHARES

The Company announces that on 10 January 2005 it purchased for cancellation
under an existing authority granted by shareholders 13,000 ordinary shares of
25p each in the market at a price of 76.0p, representing approximately 0.03 per
cent of the Company's issued share capital.  There remain 39,664,901 ordinary
shares in issue.
END




                      This information is provided by RNS
            The company news service from the London Stock Exchange