Transaction in Own Shares

The Board of Baronsmead VCT 3 plc announces that on 26 May 2011 the Company
purchased 180,000 ordinary shares of 10p at a price of 95.75 pence per share to
be held in Treasury.

Following the share buyback, the Company's issued ordinary share capital
consists of 67,619,851 shares of which 7,557,317 shares are held in Treasury.
Therefore the total number of shares with voting rights in Baronsmead VCT 3 plc
is 60,062,534 ordinary shares of 10p. Each share has one voting right.

For further information please contact

Michael Probin Investor Relations ISIS EP LLP: 020 7506 5796