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Sgr & Frdlndr AIM 3 (VICT)

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Tuesday 04 May, 2004

Sgr & Frdlndr AIM 3

Transaction in Own Shares

Singer & Friedlander AIM 3 VCT PLC
04 May 2004

SINGER & FRIEDLANDER AIM 3 VCT PLC

PURCHASE OF OWN SHARES

The Company purchased for cancellation on 29th April 2004 40,000 Ordinary Shares
at 84.50 pence per share. Following this, the outstanding issued share capital
is 32,710,860 ordinary shares.




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