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Sgr & Frdlndr AIM 3 (VICT)

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Friday 30 July, 2004

Sgr & Frdlndr AIM 3

Transaction in Own Shares

Singer & Friedlander AIM 3 VCT PLC
30 July 2004

SINGER & FRIEDLANDER AIM 3 VCT PLC

PURCHASE OF OWN SHARES

The Company purchased for cancellation on 30th July 2004 50,000 Ordinary Shares
at 77.50 pence per share. Following this, the outstanding issued share capital
is 32,360,860 ordinary shares.




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