Directorate Change

Baronsmead VCT 3 plc

 

Directorate Change

 

The Directors announce that, consequent to his becoming chairman of Baronsmead
VCT 4 plc, Mr Robert Owen has today resigned as a Director of Baronsmead VCT 3
plc. The Directors regret that the listing rules now applying to venture
capital trusts have made this necessary and would like to thank Mr Owen for his
very valuable contribution to the Board during his appointment.

28 September 2010