Transaction in Own Shares

Proven VCT PLC
19 December 2003


ProVen VCT plc
19 December 2003

ProVen VCT plc announces that between 15 December 2003 and 18 December 2003 the
Company purchased 52,420 ordinary shares of 5p each for cancellation
representing 0.2% of the issued share capital at a price of 70p per share.

Following this transaction the Company now has 21,795,735 shares in issue.


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