Br.smaller Cos. Regulatory News (BSV)

British Smaller Companies VCT plc ("the Company")

Interim Dividend

The directors are pleased to announce the payment of an interim dividend of 2.0 pence per ordinary share ("Interim Dividend") for the year ending 31 March 2017. The interim dividend will be paid on 5 August 2016 to those shareholders on the Company's register at the close of business on 1 July 2016. The ex-dividend date will be 30 June 2016.

The Company operates a dividend re-investment scheme ("DRIS"). The latest date for receipt of DRIS elections so as to participate in the DRIS in respect of the Interim Dividend is the close of business on 21 July 2016.

This dividend will be paid together with the final dividend of 3.5 pence per ordinary share for the year ended 31 March 2016 announced on 16 June 2016.

17 June 2016

For further information, please contact:

David Hall YFM Private Equity Limited Tel: 0113 244 1000

Gillian Martin Nplus 1 Singer Advisory LLP Tel: 0207 496 3000