Baronsmead 2vt Regulatory News (BMD)

Baronsmead VCT 3 PLCDirector/PDMR ShareholdingAnnex DTR3

Notification of Transactions of Directors/Persons Discharging ManagerialResponsibility and Connected Persons

This form is intended for use by an issuer to make a RIS notification requiredby DR3.1.4R(1)

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.

Please complete all relevant boxes should be in block capital letters.

1. Name of Issuer BARONSMEAD VCT 3 PLC 2. State whether the notification related to i. a transaction notified in accordance with DR 3.1.4R(1); or ii. a disclosure made in accordance with LR 9.8.6r; or iii.a disclosure made in accordance with section 793 of the Companies Act (2006) TRANSACTION RELATES TO (i)

3. Name of person discharging managerial responsibilities/director

GILLIAN NOTT

4. State whether notification related to a person connected with a person

discharging managerial responsibilities/director name in 3 and identify

the connected person ROBERT NOTT (HUSBAND)

5. Indicate whether the notification is in respect of a holding of the

person referred to in 3 or 4 above or in respect of a non-beneficial

interest.

NOTIFICATION IN RESPECT OF PERSONS REFERRED TO IN 3 AND 4 ABOVE.

6. Description of shares (including class) , debentures or derivatives or

financial instruments relating to shares ORDINARY SHARES 10P

7. Name of registered shareholder(s), and if more than one, the number of

shares held by each of them GILLIAN NOTT 60,699 8. State the nature of the transaction Share purchase as part of the Offer for Subscription

9. Number of Shares, debentures or financial instruments relating to

shares acquired GILLIAN NOTT: 17,632 ROBERT NOTT: 4,408 TOTAL: 22,040

10. Percentage or issued class acquired (treasury shares of that class

should not be taken into account when calculating percentage)

0.033%

11. Number of shares, debentures or financial instruments relating to

shares disposed N/A

12. Percentage of issued class disposed (treasury shares should not be

taken into account when calculating percentage) N/A 13. Price per shares or value of transaction 117.40p 14. Date and place of Transaction 21 December 2012

15. Total holding following notification and total percentage holding

following notification (any treasury shares should not be taken in

account when calculating percentage) 82,739 shares = 0.124% 16. Date issuer informed of transmission 9 January 2013 If the person discharging managerial responsibility has been granted options by the issuer complete the following boxes 17. Date of Grant N/A 18. Period during which or date on which it can be exercised N/A 19. Total amount paid (if any) for grant of the option N/A

20. Description of shares or debentures involved (class and number)

N/A

21. Exercise price (if fixed at time of grant) or indication that price is

to be fixed at time of exercise N/A

22. Total number of shares or debentures over which options are held

following notification N/A 23. Any additional information 24. Name of contact and telephone number for queries

MICHAEL PROBIN, VCT INVESTOR RELATIONS,I SIS EP LLP TEL: 02075065796

DATE OF NOTIFICATION: 9 January 2013