RNS Number:9449N
Phoenix VCT PLC
24 July 2003


PHOENIX VCT PLC (the "Company")


PURCHASE OF OWN SECURITIES


Phoenix VCT plc announces that it today purchased for cancellation 7,500
Ordinary Shares of 10p each at a price of 90p per share.


The issued share capital of the Company is now 8,963,446 Ordinary Shares.


ENDS








                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
POSGGGZNVDDGFZM