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Sgr & Frdlndr AIM 3 (VICT)

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Tuesday 11 January, 2005

Sgr & Frdlndr AIM 3

Transaction in Own Shares

Singer & Friedlander AIM 3 VCT PLC
11 January 2005


SINGER & FRIEDLANDER AIM 3 VCT PLC

PURCHASE OF OWN SHARES

The Company purchased for cancellation on 11th October 2004 210,000 Ordinary
Shares at 77.92 pence per share. Following this, the outstanding issued share
capital is 31,770,860 ordinary shares.


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