Transaction in Own Shares

Northern 3 VCT PLC
01 August 2005


NORTHERN 3 VCT PLC (The 'Company')

PURCHASE OF OWN SHARES

The Company announces that on 1 August 2005 it purchased for cancellation under
an existing authority granted by shareholders 10,000 ordinary shares of 5p each
in the market at a price of 84.5p, representing approximately 0.03 per cent of
the Company's issued share capital.  There remain 31,634,429 ordinary shares in
issue.

END


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