Purchase of Own Securities

Baronsmead VCT 3 PLC
13 March 2003

TO:      RNS

FROM:    Baronsmead VCT 3 plc

DATE:    13 March 2003

SUBJECT: Purchase of Own Securities



The Board of Baronsmead VCT 3 plc announces that the Company has purchased for
cancellation 25,000 ordinary shares of 10p at a price of 84.5p.

Following this purchase there are now 33,752,157 ordinary shares of 10p in
issue.



For further information please contact:

                         David Thorp, ISIS Equity Partners plc: 0207 506 1100
                         Rhonda Nicoll, ISIS Asset Management plc: 0131 465 1000



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