Directorate Appointment

Baronsmead VCT 3 plc

4 August 2009

The Board of Baronsmead VCT 3 plc is pleased to announce that Anthony Townsend
has been appointed as a Director of the Company with effect from 4 August 2009.

Mr Townsend has over 40 years experience in financial services and in industry.
He is Chairman of British & American Investment Trust plc, F&C Global Smaller
Companies plc, Finsbury Growth and Income Trust plc and iimia Investment Trust,
a Non-executive director of Hansa Capital Limited and the Finsbury Worldwide
Pharmaceutical Trust plc. He previously was a director of Rea Brothers Group
plc and was Chairman of the Association of Investment Companies.

Mark Cannon Brookes, Chairman of Baronsmead VCT 3 plc, commented:

"Anthony brings a wealth of experience working in investment banking and fund
management and this appointment further strengthens the Board."





No additional details need to be disclosed in respect of paragraphs 9.6.13(1)
to (6) of the Financial Services Authority Listing Rules.

For further information:

Paul Forster, Company Secretary, Baronsmead AIM VCT plc Tel: [phone]