Transaction in Own Shrs-Amend

Baronsmead VCT 3 PLC
07 December 2004

TO:              RNS
FROM:            Baronsmead VCT 3 plc
DATE:            7 December 2004
SUBJECT:         Amendment to Transaction in Own Shares - 7 December 2004


The Board of Baronsmead VCT 3 plc announces that the price at which the shares
were bought back was 91.875p.

For further information please contact:

David Thorp, ISIS Equity Partners plc :                 0207 506 1100

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


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