Baronsmead 2vt Regulatory News (BMD)

22 January 2014 Baronsmead VCT plc, Baronsmead VCT 2 plc, Baronsmead VCT 3 plc and BaronsmeadVCT 4 plc OFFERS FOR SUBSCRIPTION Baronsmead VCT plc, Baronsmead VCT 2 plc, Baronsmead VCT 3 plc and BaronsmeadVCT 4 plc (together, "the Companies") announce that they have published aProspectus (comprising a Securities Note, Registration Document and Summary) inrelation to offers for subscription for new Ordinary Shares of 10p each in eachof the Companies to raise, in aggregate, up to £40 million (before issue costs)(the "Offers"). The Offers open on 22 January 2014 and are expected to close no later than 2April 2014 (unless fully subscribed by an earlier date or previously extendedby the directors to no later than 25 April 2014). To obtain a copy of the Prospectus, private investors and financial advisersshould call ISIS EP LLP on 020 7506 5717. A downloadable version of theProspectus will also be available from www.baronsmeadvcts.co.uk. Copies of the Prospectus are available, free of charge, from the Companies'registered office at 100 Wood Street, London, EC2V 7AN. In accordance with the Listing Rules, the Prospectus has been submitted to theNational Storage Mechanism and will shortly be available for inspection atwww.morningstar.co.uk/uk/NSM. Enquiries: For further information, please contact: Michael Probin - VCT Investor Relations Director ISIS EP LLP

Telephone: 020 7506 5796