Transaction in Own Shares

Baronsmead VCT 3 PLC
15 February 2005

TO:       RNS

FROM:     Baronsmead VCT 3 plc

DATE:     15 February 2005

SUBJECT:  Transaction in Own Shares



The Board of Baronsmead VCT 3 plc announces that on 15 February 2005 the Company
purchased for cancellation 250,000 ordinary shares of 10p at a price of 97.5p.


Following this purchase there are now 33,111,024 ordinary shares of 10p in
issue.


For further information please contact:


David Thorp, ISIS Equity Partners plc :            0207 506 1100

Rhonda Nicoll, F&C Asset Management plc :          0131 465 1000


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