Net Asset Value(s) - Amendmnt

Baronsmead VCT 3 PLC
14 September 2007

THE FOLLOWING REPLACES THE NET ASSET VALUE(S) ANNOUNCEMENT  RELEASED AT 4 29 PM
ON 7 SEPTEMBER 2007 UNDER RNS NO. 5275D.  THE PREVIOUS ANNOUNCEMENT STATED THAT
THE NET ASSET VALUE OF THE C SHARES WAS 104.35P PER SHARE, AFTER PROVIDING FOR
THE 2.0P INTERIM DIVIDEND WHEN THE CORRECT VALUE SHOULD HAVE BEEN 104.99P.



To:         RNS

Date:       13 September 2007

Company:    Baronsmead VCT 3 plc

Subject:    Net Asset Value of Ordinary Shares and C Shares at 31 August 2007


The Board of Baronsmead VCT 3 plc announces that the net asset value of the
Ordinary Shares at 31 August 2007 was 124.19p per share, after providing for the
3.0p interim dividend payable on 28 September 2007.

The Board of Baronsmead VCT 3 plc announces that the net asset value of the C
Shares at 31 August 2007 was 104.99p per share, after providing for the 2.0p
interim dividend payable on 28 September 2007.



For further information contact:



David Thorp, ISIS EP LLP:                            0207 506 5631
Rhonda Nicoll, F&C Asset Management plc:             0131 718 1074




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