Reduction in nominal value and cancellation of ...

Albion Enterprise VCT PLC

Reduction in nominal value and cancellation of share premium account

Albion Enterprise VCT PLC (the 'Company') obtained authority to reduce the nominal value of its shares from 50 pence to 1 penny and to cancel its share premium account at the Annual General Meeting on 4 September 2012. The purpose of these proposals was to increase the distributable reserves available to the Company for the payment of dividends, the buy-back of shares and for other corporate purposes.

These proposals received the consent of the Court on 31 October 2012 and the changes have been registered at Companies House. Therefore, with effect from 31 October 2012, the share capital of the Company will have a nominal value of 1 penny per share.

New share certificates will not be issued following these changes and existing certificates will remain valid.

For further information please contact:

Isabel Dolan
Albion Ventures LLP
020 7601 1850.
31 October 2012

---

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Albion Enterprise VCT PLC via Thomson Reuters ONE

HUG#1654240