Net Asset Value(s)

Baronsmead VCT 3 PLC
09 September 2005


To:           RNS

Date:         9 September 2005

Company:      Baronsmead VCT 3 plc

Subject:      Net Asset Value at 31 August 2005


The Board of Baronsmead VCT 3 plc announces that the net asset value of the
Company at 31 August 2005 was 113.37p per share, based on the quoted investments
being valued at bid market prices.

On 1 September 2005, AssA Training and Learning Limited was sold to Carter &
Carter enabling Baronsmead VCT 3 plc to realise its total investment for
£2,662,000 against a cost of £1,113,000.  This Company was valued at £2,326,000
on 30 June 2005.


For further information contact:

David Thorp, ISIS EP LLP:                                         0207 506 1609
Rhonda Nicoll, F&C Asset Management plc:                          0131 465 1074


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