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Transaction in Own Shares

11 May 2007 17:10

Close Brothers Dev VCT PLC11 May 2007 CLOSE BROTHERS DEVELOPMENT VCT PLC SHARE PURCHASE, VOTING RIGHTS AND CAPITAL Close Brothers Development VCT PLC announces that it has, today, purchased67,502 Ordinary shares at a price of 88 pence per share. This represents 0.22 %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'stransitional provision 6 we would like to notify the market of the following; Close Brothers Development VCT PLC's capital today consists of 32,458,309Ordinary shares with a nominal value of 50p each. Close Brothers DevelopmentVCT PLC holds 1,150,364 shares in Treasury. Therefore, the total number of voting rights in Close Brothers Development VCTPLC is 31,307,945. The figure of 31,307,945 may be used by shareholders as the denominator for thecalculations by which they will determine if they are required to notify theirinterest in, or change to their interest in Close Brothers Development VCT PLCunder the FSA's Disclosure and Transparency Rules. 11 May 2007 For further information please contact: Close Ventures Limited - tel: 020 7422 7830 This information is provided by RNS The company news service from the London Stock Exchange

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