Net Asset Value(s)

Baronsmead VCT 3 PLC
15 March 2006



To:        RNS

Date:      15 March 2006

Company:   Baronsmead VCT 3 plc

Subject:   Net Asset Value of Ordinary Shares and C Shares at 28 February 2006



The Board of Baronsmead VCT 3 plc announces that the net asset value of the
Ordinary Shares at 28 February 2006 was 120.73p per share, based on the quoted
investments being valued at bid and prior to a 3.5p final dividend, payable on
20 March 2006.  Following the payment of this dividend the net asset value of
the Ordinary Shares will be 117.23p per share.

The Board of Baronsmead VCT 3 plc announces that the net asset value of the C
Shares at 28 February 2006 was 95.69p per share, based on the quoted investments
being valued at bid.


For further information contact:

David Thorp, ISIS Equity Partners plc:                      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