Purchase of Own Securities

Northern Venture Trust PLC
24 September 2002

NORTHERN VENTURE TRUST PLC (THE 'Company')



PURCHASE OF OWN SHARES



The Company announces that on 24 September 2002 it purchased for cancellation
under an existing authority granted by shareholders 20,000 ordinary shares of
25p each in the market at a price of 70p, representing approximately 0.05 per
cent of the Company's issued share capital.  There remain 40,733,428 ordinary
shares in issue.




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