Transaction in Own Shares

Proven VCT PLC
04 July 2005

ProVen VCT plc
4 July 2005

ProVen VCT plc announces that on 4 July 2005  the Company purchased 18,160
ordinary shares of 5p each for cancellation representing 0.07% of the issued
share capital at a price of 96.0p per share.

Following this transaction, the Company now has 24,607,194 shares in issue.


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