Transaction in Own Shares

Downing Distribution VCT 1 plc
Transaction in own shares
28 July 2011

Downing  Distribution  VCT  1 plc announces  that,  on 28 July 2011, the Company
purchased  280,000 Ordinary  Shares  of  1p each  for  cancellation representing
approximately 1.3% of the issued share capital at a price of 76.5p per share.






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Source: Downing Distribution VCT 1 plc via Thomson Reuters ONE

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