Transaction in Own Shares

OCTOPUS PROTECTED VCT PLC (the 'Company')



15 December 2008



PURCHASE OF OWN SECURITIES



Octopus Protected VCT plc announces that on 12 December 2008 the
Company purchased for cancellation 50,000 shares of 10p each at a
price of 83.0p per share.



The issued share capital and total voting rights of the Company is
now 27,272,219 Ordinary Shares.





Company contact:

Celia Whitten, Company Secretary

020 7710 2849





ENDS

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