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Phoenix VCT (PHX)

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Wednesday 01 March, 2006

Phoenix VCT

Transaction in Own Shares

Phoenix VCT PLC
01 March 2006


PHOENIX VCT PLC (the 'Company')

1 March 2006


PURCHASE OF OWN SECURITIES


Phoenix VCT plc announces that on 28 February 2006 the Company purchased for
cancellation 104,250 C Shares of 10p each at a price of 95p per share.


The issued share capital of the Company is now 11,063,672 Ordinary Shares and
5,143,188 C Shares.


ENDS




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