Result of EGM

British Smaller Companies VCT PLC
12 January 2005



British Smaller Companies VCT PLC


Result of EGM

The Company announces that at the EGM held on 7th January 2005, the resolution
providing the necessary shareholder approval for the Offer for Subscription of
new 'C' Shares was duly passed.

Up to 15 million shares are being offered to the public at £1.00 per share.
Copies of the Mini Prospectus are available from YFM Private Equity Limited,
Saint Martins House, 210-212 Chapeltown Road, Leeds LS7 4HZ.

A copy of the Prospectus has also been submitted to the UK Listing Authority and
is available for inspection at the UK Listing Authority's Document Viewing
Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS

For further information please contact:
David Hall on 0161 819 3195 or Phil Cammerman on 0113 294 5000







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