Transaction in Own Shares and Total Voting Rights and Capital

ALBION DEVELOPMENT VCT PLC

LEI Code 213800FDDMBD9QLHLB38

TRANSACTION IN OWN SHARES AND TOTAL VOTING RIGHTS AND CAPITAL

Albion Development VCT PLC (the “Company”) announces that it purchased 94,000 ordinary shares at 76.76 pence per share on 9 October 2018. 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 9 October 2018 consisted of 83,860,469 ordinary shares with a nominal value of 1 penny each. The Company holds 8,612,700 ordinary shares in treasury.

Therefore, the total number of voting rights in the Company is 75,247,769 which may be used by shareholders or other persons 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 Guidance and Transparency Rules.

9 October 2018

Albion Capital Group LLPCompany Secretary

Tel: 020 7601 1850