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Sgr & Frdlndr AIM 3 (VICT)

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Wednesday 25 May, 2005

Sgr & Frdlndr AIM 3

Transaction in Own Shares

Singer & Friedlander AIM 3 VCT PLC
25 May 2005

SINGER & FRIEDLANDER AIM 3 VCT PLC

PURCHASE OF OWN SHARES

The Company purchased for cancellation on 25th May 2005 100,000 Ordinary Shares
at 78.50 pence per share. Following this, the outstanding issued share capital
is 31,060,860 ordinary shares.




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