Transaction in Own Shares
             



Downing Protected VCT I plc
Transaction in own shares
25 November 2008

Downing Protected VCT I plc announces that on 25 November 2008, the
Company purchased 65,000 ordinary shares of 50p each for cancellation
representing 0.80% of the issued share capital at a price of 93.5p
per share.

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This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.



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