Baronsmead 2vt Regulatory News (BMD)

5 Mar 2010 11:31

Annex DTR3

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

All relevant boxes should be completed in block capital letters.

1. Name of the issuer 2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006). BARONSMEAD VCT 3 PLC RELATED TO (III)

3. Name of person discharging 4. State whether notification relates to a

managerial person responsibilities/director connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person ANTHONY TOWNSEND 5. Indicate whether the 6. Description of shares (including class), notification is in respect of debentures or derivatives or financial a holding of the person instruments relating to shares referred to in 3 or 4 above or in respect of a nonbeneficial interest 1 AS 3 ORDINARY SHARES OF 10P 7. Name of registered 8. State the nature of the transaction shareholders(s) and, if more than one, the number of shares held by each of them AS 3 ALLOTMENT AS PART OF OFFER FOR SUBSCRIPTION

9. Number of shares, debentures 10. Percentage of issued class acquired

or financial (treasury shares of that class should not be taken into account when instruments relating to shares calculating percentage) acquired 7,609 0.013

11. Number of shares, debentures 12. Percentage of issued class disposed

or financial (treasury shares of that class should not be taken into account when instruments relating to shares calculating percentage) disposed N/A N/A

13. Price per share or value of 14. Date and place of transaction transaction 102.5 P 04/03/10 15. Total holding following 16. Date issuer informed of transaction notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 7,609 (0.013) 04/03/10 If a person discharging managerial responsibilities has been granted options bythe issuercomplete the following boxes17. Date of grant 18. Period during which or date on which exercisable

19. Total amount paid (if any) for 20. Description of shares or grant of the option debentures involved (class and number) 21. Exercise price (if fixed at time 22. Total number of shares or

of grant) or debentures over which options held following notification indication that price is to be fixed at the time of exercise

23. Any additional information 24. Name of contact and telephone number for queries Barry Lawson 020 7506 5652 Name of authorised official of issuer responsible for making notification Barry Lawson Date of notification 05.03.10

Notes: This form is intended for use by an issuer to make a RIS notification required by DR 3.3.

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.