Purchase of Own Securities

British Smaller Companies VCT PLC
20 June 2001





              British Smaller Companies VCT plc ('the Company')




Purchase of Own Securities

The Company has bought back for cancellation 45,000 ordinary shares of 10p
each in the Company at 63 pence each.




20 June 2001






Contact: Beeson Gregory, Nick Rodgers 020 7488 4040