Albion Prime VCT Albion Prime VCT PLC : Annual -12-


continuity  is threatened. Further details  regarding the Board's management and 
review  of the  Company's internal  controls through  the implementation  of the 
Turnbull  guidance  are  detailed  on  page  23 of  the  full  Annual Report and 
Financial Statements. 
 
Measures  are  in  place  to  mitigate  information  risk in order to ensure the 
integrity,  availability  and  confidentiality  of  information  used within the 
business. 
 
 
 
7. Reliance upon third parties risk 
 
The  Company  is  reliant  upon  the  services  of  Albion  Ventures LLP for the 
provision  of  investment  management  and  administrative  functions. There are 
provisions  within  the  management  agreement  for  the change of Manager under 
certain  circumstances (for more detail,  see the management agreement paragraph 
on page 18 of the full Annual Report and Financial Statements). In addition, the 
Manager  has demonstrated to  the Board that  there is no  undue reliance placed 
upon any one individual within Albion Ventures LLP. 
 
 
 
8. Financial risks 
 
By  its nature, as a venture capital trust, the Company is exposed to investment 
risk  (which comprises investment price risk  and cash flow interest rate risk), 
credit  risk and liquidity risk. The Company's policies for managing these risks 
and  its financial instruments are outlined in  full in note 19 to the Financial 
Statements. 
 
All of the Company's income and expenditure is denominated in sterling and hence 
the Company has no foreign currency risk. The Company is financed through equity 
and  does not have any borrowings. The Company does not use derivative financial 
instruments for speculative purposes. 
 
 
 
24. Other information 
 
The  information set out in this  announcement does not constitute the Company's 
statutory accounts within the terms of section 434 of the Companies Act 2006 for 
the   years   ended   31 March   2012 and  31 March  2011, and  is  derived from 
the statutory  accounts for  those financial  years, which  have been, or in the 
case  of the accounts for the year ended 31 March 2012, which will be, delivered 
to  the  Registrar  of  Companies.  The  Auditor reported on those accounts; the 
reports  were unqualified and did not contain  a statement under s498 (2) or (3) 
of the Companies Act 2006. 
 
The  Company's Annual General Meeting will  be held at The  City of London Club, 
19 Old Broad Street, London, EC2N 1DS on 17 September 2012 at 2.30pm. 
 
 25. Publication 
 
The  full  audited  Annual  Report  and  Financial  Statements are being sent to 
shareholders  and copies will be made available  to the public at the registered 
office  of the Company, Companies House, the National Storage Mechanism and also 
electronically  at www.albion-ventures.co.uk under the  'Our Funds'  section, by 
clicking  on 'Albion Prime VCT  PLC', where the Report  can be accessed as a PDF 
document  via a link under  the 'Investor Centre' in  the 'Financial Reports and 
Circulars' section. 
 
 
Sector Split of Portfolio: 
http://hugin.info/141804/R/1622818/518696.pdf 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: Albion Prime VCT PLC via Thomson Reuters ONE 
[HUG#1622818]

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