Transaction in Own Shares

Baronsmead VCT 3 PLC
03 March 2005

TO:              RNS
FROM:            Baronsmead VCT 3 plc
DATE:            3 March 2005
SUBJECT:         Transaction in Own Shares



The Board of Baronsmead VCT 3 plc announces that on 2 March 2005 the Company
purchased for cancellation 125,000 ordinary shares of 10p at a price of 98p.


Following this purchase there are now 32,786,024 ordinary shares of 10p in
issue.


For further information please contact:


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




                      This information is provided by RNS
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