Transaction in Own Shares

North Atlantic Smlr Co Inv Tst PLC
21 April 2008







The Board announces that on 18 April 2008, it purchased 50,000 units of
Convertible Unsecured Loan Stock 2013 at a price of 1000p per unit for
cancellation leaving 4,466,844 units outstanding.


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