Purchase of Own Securities

Elderstreet Downing VCT PLC
11 September 2002

Elderstreet Downing VCT plc
11 September 2002

Elderstreet Downing VCT plc announces that on 9 September 2002 the Company
purchased 8,000 ordinary shares of 5p each for cancellation representing 0.05%
of the issued share capital at a price of 55p per share.

Following this transaction the Company now has 15,089,500 shares in issue.


                      This information is provided by RNS
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