Net Asset Value(s)

Baronsmead VCT 3 PLC
09 June 2006

To:             RNS

Date:           9 June 2006

Company:        Baronsmead VCT 3 plc

Subject:        Net Asset Value of Ordinary Shares and C Shares at 31 May
                2006



The Board of Baronsmead VCT 3 plc announces that the net asset value of the
Ordinary Shares at 31 May 2006 was 123.29p per share, based on the quoted
investments being valued at bid.

The Board of Baronsmead VCT 3 plc announces that the net asset value of the C
Shares at 31 May 2006 was 95.61p per share, based on the quoted investments
being valued at bid.



For further information contact:


David Thorp, ISIS EP LLP:                            0207 506 1609
Rhonda Nicoll, F&C Asset Management plc:             0131 465 1074




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