Transaction in Own Shares

Second Advance Value Realisation Co
24 November 2004



Purchase of own Ordinary 0.01p Shares

Second Advance Value Realisation Company Limited announces that it has today, 24
November 2004, purchased 551,753 of its own Ordinary 0.01p Shares in the market
for cancellation at a price of 200.00p per share.

The remaining outstanding securities in the above class after the cancellation
of the shares will be 3,129,122.


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