Transaction in Own Shares

ALBION BROTHERS DEVELOPMENT VCT PLC



SHARE PURCHASE, VOTING RIGHTS AND CAPITAL
Albion Brothers  Development  VCT PLC  announces  that it  has  today
purchased 111,084 Ordinary shares at a price of 70.5 pence per share.
The Ordinary shares purchased represent  0.3% of the total number  of
voting rights in  the Company  before the  transaction. These  shares
will be held in treasury.
Following this transaction, and, in conformity with the  Transparency
Directive's transitional  provision 6  we would  like to  notify  the
market of the following;
Close Brothers  Development  VCT  PLC's  capital  today  consists  of
32,613,482 Ordinary shares  with a  nominal value of  50p each,  with
voting  rights.  The  Company  holds  2,730,799  Ordinary  shares  in
Treasury.
Therefore, the  total  number  of voting  rights  in  Close  Brothers
Development VCT PLC is 29,882,683.
The  figure  of  29,882,683  may  be  used  by  shareholders  as  the
denominator for the calculations by which they will determine if they
are required to notify their interest in, or change to their interest
in Close Brothers Development VCT PLC under the FSA's Disclosure  and
Transparency Rules.

Company Secretary
Albion Ventures LLP - Tel: [phone]
24 April 2009

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