Additional Listing

Baronsmead VCT 3 PLC
28 January 2008

               
To:         RNS

Date:       28 January 2008

Company:    Baronsmead VCT 3 plc

Subject:    Additional Listing


The Board of Baronsmead VCT 3 plc ('the Company') announces that the calculation
date for the final conversion of the C shares into ordinary shares was close of
business on 31 December 2007.

The conversion ratio calculated in accordance with the Company's Articles of
Association was 0.85642528 which results in 8,564 new ordinary shares being
allotted on 28 January 2008, for every 10,000 C shares held or pro rata thereto.

Accordingly, the Board has issued 21,899,078 new ordinary shares which rank pari
passu with the existing ordinary shares.  This brings the total number of
ordinary shares in issue to 57,332,599 of which 3,180,000 are held in Treasury.
Therefore the total number of ordinary shares with voting rights in the Company
is 54,152,599.

Details of the C share conversion and entitlements will be sent to C
shareholders on 29 January 2008.  Trading in these additional shares is expected
to commence on 29 January 2008 at 8am.

Following the final C share conversion of 50p shares into 10p new ordinary
shares on 28 January 2008, the C shares will be removed from the Official List.


For further information contact:

David Thorp, ISIS EP LLP:                            0207 506 1609
Rhonda Nicoll, F&C Asset Management plc:             0131 718 1074



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