Results of share offer

Northern Venture Trust PLC
21 June 2005


Northern Venture Trust PLC ('The Company')

Results of Share Offers

The Company announces that as at the closing of the 2005/06 Offer for
Subscription on Monday 20 June 2005, applications had been received under the
2004/05 and 2005/06 Offers for 2,607,387 ordinary shares with a total
subscription price of £2,473,072.  Both of the Offers are now closed.


ENDS




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