Transaction in Own Shares

ALBION DEVELOPMENT VCT PLC



SHARE PURCHASE, VOTING RIGHTS AND CAPITAL


 Albion  Development  VCT  PLC  announces  that  it has today purchased 46,437
 Ordinary  shares  at  a  price  of  65 pence  per  share.  The Ordinary shares
 purchased  represent 0.15% 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;

 Albion  Development  VCT  PLC  capital  today  consists of 32,713,157 Ordinary
 shares  and 1,433,600 D  shares, both  with a  nominal value of 50p each, with
 voting  rights. The Company  holds 3,043,726 Ordinary shares  in treasury. The
 Company does not currently hold any D shares in Treasury.

 Therefore,  the total number of voting rights in Albion Development VCT PLC is
 31,103,031.

 The  figure of 31,103,031 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 Albion Development VCT PLC
 under the FSA’s Disclosure and Transparency Rules.




Company Secretary

Albion Ventures LLP – Tel: [phone]

24 December 2009



[HUG#1367693]