Issue of Equity and Total Voting Rights

29 July 2011

                        Albion Venture Capital Trust PLC

                    Issue of Equity and Total Voting Rights

Albion  Venture Capital Trust PLC (the "Company") announces that, further to the
Dividend  Reinvestment Scheme introduced  by the Company  (details of which were
set  out in  the Circular  issued to  shareholders on  10 July 2008), On 29 July
2011 the  Company allotted 64,021 Ordinary shares of 50p each (the "New Ordinary
shares")  in the capital of the Company.  The New Ordinary shares were issued at
a  price  of  78p, comprising  the  net  asset  value  at 31 March 2011 less the
dividend of 2.5 pence per Ordinary share.

Accordingly,  application  has  been  made  to  the UK Listing Authority for the
admission  of the  New Ordinary  shares to  the Official  List of the UK Listing
Authority  and to trading on the London  Stock Exchange's main market for listed
securities  and it is expected that dealings will commence on 1 August 2011. The
New  Ordinary shares  will rank  pari passu  in all  respects with  the existing
Ordinary shares in issue.

Following  the issue  of the  New Ordinary  shares, Albion Venture Capital Trust
PLC's  capital  as  at  29 July  2011 consists of 38,393,948 Ordinary shares and
2,512,273 shares in Treasury.

Therefore  the total number of voting rights in Albion Venture Capital Trust PLC
is  35,881,675 which  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 a change to their interest in, Albion Venture Capital Trust PLC
under the FSA's Disclosure and Transparency rules.


For further information, please contact:

Isabel Dolan
Albion Ventures LLP
Tel:      020 7601 1850






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Source: Albion Venture Capital Trust PLC via Thomson Reuters ONE

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