ALBION DEVELOPMENT VCT PLC

TRANSACTION IN OWN SHARES AND TOTAL VOTING RIGHTS AND CAPITAL

Albion Development VCT PLC (the "Company") announces that it purchased 54,000 Ordinary shares at 69.7 pence per share on 22 December 2014. The shares purchased represent 0.12% of the total number of voting rights in the Company before the transaction.  These shares will be held in treasury.

Following this transaction, and in conformity with the provisions of DTR 5.6, we would like to notify the market of the following:

The capital of the Company as at 22 December 2014 consisted of 41,834,205 Ordinary shares and 6,413,822 D shares both with a nominal value of 1 penny each. The Company holds 4,306,700 Ordinary shares and 25,625 D shares in treasury.

Therefore, the total number of voting rights in the Company is 37,527,505 in respect of Ordinary shares and 6,388,197 in respect of D shares giving a total voting rights of 43,915,702 which 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, the Company under the FCA's Disclosure and Transparency Rules.

23 December 2014

Company Secretary
Albion Ventures LLP
Tel: 020 7601 1850