Transaction in Own Shares

British Smaller Companies VCT PLC
29 June 2007



British Smaller Companies VCT plc ('the Company')



Purchase of Own Securities



The Company today announces that it has purchased for cancellation 300,000
Ordinary shares of 10 pence each at a price of 87 pence per share. These shares
will be held in Treasury.


Following this purchase and subsequent to the issue of new Ordinary shares (as
announced on 5 April and 30 April 2007), and the Conversion of the C shares to
Ordinary shares (as announced on 9 May 2007), the resultant net asset value is
99.7 pence per Ordinary share.



29 June 2007



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