Purchase of Own Securities

Proven VCT PLC
11 July 2003

ProVen VCT plc
11 July 2003

ProVen VCT plc announces that on 2 July 2003 the Company purchased 16,000
ordinary shares of 5p each for cancellation representing 0.07% of the issued
share capital at a price of 59p per share.

Following this transaction the Company now has 21,863,455 shares in issue.


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