Transaction in Own Shares

ALBION DEVELOPMENT VCT PLC SHARE PURCHASE, VOTING RIGHTS AND CAPITAL Albion Development VCT PLC announces that it has today purchased 46,437 Ordinary shares at a price of 65 pence per share. The Ordinary shares purchased represent 0.15% 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 Transparency Directive?s transitional provision 6 we would like to notify the market of the following; Albion Development VCT PLC capital today consists of 32,713,157 Ordinary shares and 1,433,600 D shares, both with a nominal value of 50p each, with voting rights. The Company holds 3,043,726 Ordinary shares in treasury. The Company does not currently hold any D shares in Treasury. Therefore, the total number of voting rights in Albion Development VCT PLC is 31,103,031. The figure of 31,103,031 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 change to their interest in Albion Development VCT PLC under the FSA?s Disclosure and Transparency Rules. Company Secretary Albion Ventures LLP ? Tel: 020 7601 1850 24 December 2009 [HUG#1367693]