Transaction in Own Shares

Quester VCT PLC                                

TRANSACTION IN OWN SECURITIES

The Board of Quester VCT PLC announces that on 21st December 2004 the Company
purchased for cancellation 110,000 ordinary shares of 5p at a price of 43.8p
per share.

For further information please contact:

Jonathan Langford, Quester VCT PLC: 0207 222 5472

22nd December 2004