Transaction in Own Shares

Downing Distribution VCT 1 plc
Transaction in own shares
4 August 2010

Downing  Distribution VCT 1 plc announces that  on the 4 August 2010 the Company
purchased  220,349 Ordinary  Shares  of  1p each  for  cancellation representing
approximately 1.01% of the issued share capital at a price of 82.0p per share.


[HUG#1435878]








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Source: Downing Distribution VCT 1 plc via Thomson Reuters ONE