Net Asset Value(s)

The Board of Baronsmead VCT 3 plc announces that the net asset value of the
Ordinary Shares at 31 July 2011 was 111.76p per share.

The net asset value is stated before deducting the interim dividend of 3.0p per
share which will go ex-dividend on 14 September 2011 and will be paid on 
29 September 2011.

For further information contact:

Michael Probin VCT Investor Relations ISIS EP LLP: 020 7506 5796