Allotment of C Shares

British Smaller Companies VCT PLC
01 June 2005


BRITISH SMALLER COMPANIES VCT PLC

1 June 2005

ALLOTMENT OF C SHARES

The Directors of British Smaller Companies VCT plc announce the allotment of
89,625 C Shares of 50 pence each at £1 per share on 31 May 2005. The closing
date for the C Share Offer has been extended to 23 June 2005.

For further information please contact:
David Hall - YFM Private Equity Limited - 07799 473503

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