Transaction in Own Shares

Elderstreet Downing VCT PLC
15 June 2004


Elderstreet Downing VCT plc
15 June 2004

Elderstreet Downing VCT plc announces that on 14 June 2004 the Company purchased
a total of 51,100 ordinary shares of 5p each for cancellation representing 0.34%
of the issued share capital at a price of 45p per share.

Following this transaction the Company now has 14,775,300 shares in issue.

                      This information is provided by RNS
            The company news service from the London Stock Exchange    

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