AlbionVentures

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Albion Development VCT PLC

Registered in England, No 03654040
Registered office: 1 King’s Arms Yard,
London, EC2R 7AF
under S266 of the Companies Act 2006
Member of the Association of Investment Companies

Albion Development VCT PLC is a venture capital trust which raised a total of £33.3 million through the issue of Ordinary shares between 1999 and 2004 (the C shares merged with the Ordinary shares in 2007) and a further £6.3 million was raised through the issue of D shares in 2010.

The Company’s investment policy is intended to provide investors with a regular and predicable source of dividend income combined with the prospects of long term capital growth. This is achieved by establishing a diversified portfolio of holdings in smaller, unquoted companies whilst at the same time selecting and structuring investments in such a way as to reduce the risks normally associated with investment in such companies.

Dividends paid and recently declared since launch:
Ordinary Shares: 53.75p, "C" Shares: 39.95p
NAV*: Ordinary Shares: 77.81p; "C" Shares: 83.37p and D share 94.60p
at 31 March 2010
Total Return: Ordinary Shares: 131.56p, "C" Shares: 123.32p and D share 94.60p

*Where applicable, Net Asset Value is reduced by dividend declared

Calendar

Financial year end: December
AGM: 25 June 2010
Last dividend paid: 4 May 2010
Next dividend due: estimated September 2010

The London Stock Exchange code for the VCT has been revised to AADV for Ordinary Shares and AADD for D share