Issue of Equity

Baronsmead VCT 3 PLC
25 September 2007

To:             RNS



Date:           25 September 2007



Company:        Baronsmead VCT 3 plc



Subject:        Issue of C Shares





BARONSMEAD VCT 3 PLC C SHARES



OFFER FOR SUBSCRIPTION FOR THE STERLING EQUIVALENT OF €2.5M



On 14 August 2007 the Company issued an Offer for Subscription of C Shares to
raise up to the sterling equivalent of €2.5m.  The Board of Baronsmead VCT 3 plc
is pleased to announce that applications totalling £1,819,112 were received from
existing shareholders by the time the Offer closed on 24 September 2007.  As the
offer was oversubscribed, these applications have been scaled back to 95.84%.





Pursuant to the Offer for subscription, a further 1,570,559 C shares of 50 pence
per share have been allotted and issued today at an offer price of 111 pence per
C share.  Trading in these additional shares is expected to commence on 26
September at 8.00am.





The Company's issued C share capital consists of 25,570,331 C shares with voting
rights. This figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or change to their interest in, Baronsmead VCT 3 plc under the
FSA's Disclosure and Transparency Rules.





For further information please contact:



Michael Probin,    ISIS EP LLP:                         0207 506 5796

Ian Ridge, F&C Asset Management plc:                    0131 718 1010














                      This information is provided by RNS
            The company news service from the London Stock Exchange