Issue of Equity

Northern Venture Trust PLC
09 June 2006


Northern Venture Trust PLC ('The Company')

Issue of Shares

The Company announces that on 9 June 2006 the Company allotted 152,409 ordinary 
shares of 25p each to shareholders who agreed to subscribe for shares under the
terms of the Company's Dividend Investment Scheme.  The subscription price was
79.4p per share. Following the above allotment, there are 38,897,602 ordinary 
shares in issue.

Application will be made at the earliest practicable opportunity for these 
shares, which will rank pari passu with existing ordinary shares, to be admitted
to the Official List of the UK Listing Authority and to trading on the London
Stock Exchange's market for listed securities.

Ends



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