AGM Statement

Baronsmead VCT 3 PLC
16 March 2006


To:                   Company Announcements

Date:                 16 March 2006

Company:              Baronsmead VCT 3 plc

Subject:              Annual General Meeting Result



The Company announces that at the Annual General Meeting held on 16 March 2006,
shareholders voted in favour of Resolutions 1 to 9 and accordingly they were
passed.


For further information please contact:


David Thorp, ISIS EP LLP:                           0207 506 1100
Rhonda Nicoll, F&C Asset Management plc:            0131 465 1074








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