AGM Statement

7 Aug 2009 13:07

BRITISH SMALLER COMPANIES VCT PLC

ANNUAL GENERAL MEETING AND GENERAL MEETING

HELD ON 6 AUGUST 2009

The Directors of British Smaller Companies VCT plc ("the Company") announce that at the Annual General Meeting of the Company ("AGM") held on 6 August 2009 all resolutions proposed at the meeting were duly passed.

The Directors of the Company further announce that at a general meeting of the Company held on 6 August 2009 following the AGM, the resolution proposed to approve the terms and conditions of an incentive scheme arrangement in respect of the Company's Fund Manager was duly passed.

7 August 2009

For further information, please contact:

David Hall YFM Private Equity Limited Tel: 0161 832 7603

Jeff Keating Singer Capital Markets Tel:0203 205 7500