Purchase of Own Securities

Proven VCT PLC
28 August 2003

ProVen VCT plc
28 Aug 2003

ProVen VCT plc announces that on 27 August 2003 the Company purchased 15,300
ordinary shares of 5p each for cancellation representing 0.07% of the issued
share capital at a price of 59p per share.

Following this transaction the Company now has 21,848,155 shares in issue.


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