Transaction in Own Shares
             



OCTOPUS APOLLO VCT 1 PLC (the 'Company')



17 November 2008



PURCHASE OF OWN SECURITIES



Octopus Apollo VCT 1 plc announces that on 14 November 2008 the
Company purchased for cancellation 25,000 shares of 10p each at a
price of 83.4p per share.



The issued share capital and total voting rights of the Company is
now 8,793,986 Ordinary Shares.



Company contact:



Celia Whitten, Company Secretary

Octopus Investments Limited

020 7710 2849





ENDS

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