Issue of Equity and Total Voting Rights

ALBION VENTURE CAPITAL TRUST PLC

The first allotment, for the tax year ending 5 April 2013, of New Ordinary share of nominal value 50 pence per share in Albion Venture Capital Trust PLC under the Albion VCTs Top Up Offers 2012/2013 (which was launched on 19 October 2012) took place on 19 December 2012 at an issue price of 77.8 pence per New Ordinary Share.

Applications for 471,957 New Ordinary share in Albion Venture Capital Trust PLC were received.

The net proceeds for this allotment by the Company are approximately £347,000 bringing the total raised by the Company by way of the issue of new shares in the last 12 months to approximately £1,945,000 (representing approximately 4.2% of the issued share capital).

Application has been made to the Financial Services Authority for 471,957 New Ordinary share to be admitted to the Official List and to the London Stock Exchange for the New Ordinary share to be admitted to trading on the London Stock Exchange's market for listed securities.

It is expected that Admission will become effective, and that dealings in the shares will commence on or before, 8.00 a.m. on 21 December 2012. The New Ordinary shares rank pari passu with the existing shares in issue. The record date of the forthcoming dividend of 2.5 pence per share on the 31 December 2012 was 7 December 2012 and as a result, the New Ordinary shares will not qualify for this dividend.

As at this first closing of the Albion VCTs Top Up Offers 2012/2013 on 19 December 2012, the total raised under the Offers was £1,832,000 (including amounts reinvested). The Offers constitutes separate offers made by each of the Albion VCT's which are participating in it.

Following this allotment and in conformity with the Transparency Directive's transitional provision 6, we would like to notify the market of the following:

Albion Venture Capital Trust PLC's capital as at 19 December 2012 consists of 60,208,203 Ordinary shares with a nominal value of 50p each. Albion Venture Capital Trust PLC holds 3,798,440 Ordinary shares in Treasury.

Therefore, the total number of voting rights in Albion Venture Capital Trust PLC is 56,409,763, 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:
Patrick Reeve
020 7601 1850

19 December 2012

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information contained therein.

Source: Albion Venture Capital Trust PLC via Thomson Reuters ONE

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