Net Asset Value(s)

Baronsmead VCT 3 PLC
08 November 2006





To:          RNS


Date:        8 November 2006



Company:     Baronsmead VCT 3 plc



Subject:     Net Asset Value of Ordinary Shares and C Shares at 
             30 September 2006


The Board of Baronsmead VCT 3 plc announces that the net asset value of the
ordinary shares at 30 September 2006 was 127.58p per share.


The Board of Baronsmead VCT 3 plc announces that the net asset value of the C
Shares at 30 September 2006 was 97.24p per share.


The total return of ordinary shares of Baronsmead VCT 3 plc (net of all costs)
over the last 12 months and since launch, compared to the FTSE All-Share Index
(total return) are:




                         12 months to       Since Launch 29//01/01 to 30/09/06
                           30/09/06
Baronsmead VCT 3 plc       +15.0%               +61.9%
FTSE All-Share             +14.7%               +20.5%



The total return for Baronsmead VCT 3 plc does not include the benefit of the
VCT tax reliefs that apply to qualifying shareholders.







For further information contact:



David Thorp, ISIS EP LLP:                           0207 506 1609

Rhonda Nicoll, F&C Asset Management plc:            0131 465 1074




                      This information is provided by RNS
            The company news service from the London Stock Exchange