RNS Number:8698I
Northern Venture Trust PLC
18 March 2003

NORTHERN VENTURE TRUST PLC (The "Company")

PURCHASE OF OWN SHARES

The Company announces that on 18 March 2003 it purchased for cancellation under
an existing authority granted by shareholders 120,000 ordinary shares of 25p
each in the market at a price of 55p, representing approximately 0.30 per cent
of the Company's issued share capital.  There remain 40,187,428 ordinary shares
in issue.

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