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Downing Pro. VCT III (DPV3)

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Thursday 31 May, 2007

Downing Pro. VCT III

Total Voting Rights

Downing Protected VCT III PLC
31 May 2007


Downing Protected VCT III plc
Voting Rights and Capital

In conformity with the Transparency Directive's transitional provision 6,
Downing Protected VCT III plc announces the following:

The Company's capital consists of  10,104,867 Ordinary shares of 1 pence each.
The Company does not hold any shares in treasury.
Therefore the total number of voting rights in Downing Protected VCT III plc is
10,104,867.

The above figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, Downing Protected VCT III plc
under the FSA's Disclosure and Transparency Rules.



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