Transaction in Own Shares

Elderstreet VCT PLC
07 October 2005


Elderstreet VCT plc
7 October 2005

Elderstreet VCT plc announces that on 7 October 2005 the Company purchased a
total of 15,400 ordinary shares of 5p each for cancellation  representing 0.11%
of the issued share capital at a price of 50p per share.

Following these transactions the Company now has 14,218,455 ordinary shares in
issue.


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