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Starvest PLC (SVE)

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Thursday 14 June, 2007

Starvest PLC

Transaction in Own Shares

Starvest PLC
14 June 2007

Starvest plc

Purchase of own shares

Starvest plc (the 'Company') announces that on 13 June 2007, the Company
purchased through its broker, Simple Investments, 200,000 Ordinary shares of 1p
each in the issued share capital of the Company at a price of 30 pence per
Ordinary share.  These Ordinary shares are to be held as treasury stock.

Following the above purchase, the Company holds 950,000 Ordinary shares in
treasury and the total issued share capital of the Company less treasury shares
is 36,267,259 Ordinary shares.

This purchase was made pursuant to the authority granted by Shareholders at the
Company's annual general meeting held on 12 December 2006.  To date, 950,000
Ordinary shares have been purchased under this authority.

Enquiries to

Bruce Rowan, Chairman 020 7486 3997 or 
John Watkins, Finance Director 01483 771992;

Gerry Beaney or Colin Aaronson, Grant Thornton Corporate Finance 020 7383 5100

14 June 2007

                      This information is provided by RNS
            The company news service from the London Stock Exchange