Transaction in Own Shares
             



Downing Protected VCT IV plc
Transaction in own securities
29 May 2008

Downing Protected VCT IV plc announces that on 29 May 2008 the
Company purchased 5,050 Ordinary shares of 1p each for cancellation
representing approximately 0.02% of the issued Ordinary share capital
at a price of 85.0p per share.

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