Purchase of Own Securities

Proven VCT PLC
21 February 2003

ProVen VCT plc
21 February 2003

ProVen VCT plc announces that on 21 February 2003 the Company purchased 27,047
ordinary shares of 5p each for cancellation representing 0.1% of the issued
share capital at a price of 65.5p per share.

Following this transaction the Company now has 21,917,455 shares in issue.


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