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Murray VCT 3 PLC (MYV)

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Wednesday 31 July, 2002

Murray VCT 3 PLC

Dividend Declaration

Murray VCT 3 PLC
31 July 2002

                                MURRAY VCT 3 PLC

The Directors of Murray VCT 3 PLC are pleased to announce that, subsequent to
the partial realisation of the Company's investment in J & S Marine Limited, a
gain of 0.87p per share will be distributed on 30 August 2002 to shareholders on
the register on 9 August 2002.

Inland Revenue approval for this distribution has been applied for and received.

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

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