Potential Linked Top up Offer

The  Board  of  Albion  Development  VCT  PLC  wishes  to  announce  that  it is
considering  plans, in conjunction with the Boards  of six other VCTs managed by
Albion  Ventures LLP, to launch a linked top  up offer of new Ordinary shares in
November 2011.



The  Albion VCTs Linked Top up Offer 2011/2012 is aiming to raise up to £15m, of
which   Albion   Development  VCT  PLC's  Ordinary  shares  proportion  will  be
approximately  £2.25m. The proceeds will be used to provide further resources at
a time when a number of attractive investment opportunities are being seen.



A  more detailed announcement regarding  the formal launch of  the offer will be
made  in  November  2011 and  at  that  time,  an offer document will be sent to
shareholders.



For further information, please contact:

Patrick Reeve Albion Ventures LLP 0207 601 1850

Date: 6 October 2011






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Source: Albion Development VCT PLC - Ordinary Shares via Thomson Reuters ONE

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