Transaction in Own Shares - Replacement

Octopus AIM VCT plc ("Company")

29 January 2010

Purchase of own securities - Replacement

This announcement replaces the announcement made on 28 January 2010 at 18:05
which was made under the wrong heading.

Octopus AIM VCT plc announces that on 28 January 2010 the Company purchased
48,947 Ordinary shares at a price of 73.5p per share.  The Ordinary shares
purchased represent 0.17% of the total number of voting rights in the Company
before the transaction.

These shares will be held in Treasury.

Following this transaction, the issued share capital of the Company is now
31,930,030 Ordinary shares. The Company now holds 2,957,576 Ordinary shares in
Treasury.

For further enquiries, please contact:

Celia Whitten, Company Secretary
Octopus Investments Limited
Tel:  020 7710 2849


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