Guinness Flight Venture Capital Trust PLC purchased in the market 50,000 of its
own ordinary shares at a price of 55p per share on 16 January 2006. These
shares will be cancelled and the revised number of ordinary shares in issue
will become 27,838,128.

The purchase of ordinary shares was made pursuant to the authority given to the
directors at the annual general meeting on 15 June 2005.



END



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