NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

1)  Name of company

    TALISMAN FIRST VENTURE CAPITAL TRUST PLC

2)  State whether notification is in respect of a transaction notified in accordance with DR 3.1.4R(1)(a) or DR 3.1.4R(1)(b) or both

    BOTH

3)  Name of director

    STEPHEN J BARCLAY

4)  State whether notification relates to a person(s) connected with a person discharging managerial responsibilities/director named in 3 above and identify the connected person(s)

N/A

5)  Indicate whether notification is in respect of a holding of the person named in 3 or 4 above or in respect of a non-beneficial interest

    AS IN 3 ABOVE

6)  Class of security

    ORDINARY 50p

7)  Name of the registered shareholder(s) and, if more than one holder, the
    number of shares held by each of them (if notified)
     

    AS IN 3 ABOVE 

8)  State the nature of the transaction.

    MARKET PURCHASE

9)  Number of shares/amount of stock acquired

    50,000

10) Percentage of issued class acquired

    0.94%

11) Number of shares/amount of stock disposed

    -

12) Percentage of issued class disposed

    -
13) Price per share

    17P

14) Date of transaction

    9 FEBRUARY 2010

15) Total holding and percentage holding of issued class following this
    notification

    137,500 (2.59%)

16) Date company informed

    9 FEBRUARY 2010

Name of contact and telephone number for queries

DAVID RUSSELL TEL: 0141 306 7555

Name and signature of authorised company official responsible for making this notification
DAVID RUSSELL

Date of Notification - 17 FEBRUARY 2010