Circ re. General Meeting

British Smaller Companies VCT plcIssue of Circular relating to a General Meeting

British Smaller Companies VCT plc (the "Company") announces that a circular (the "Circular") regarding the Company's distributable reserves was issued by the Company on 18 June 2013 and will be posted to its shareholders shortly.

The Circular convenes a General Meeting to be held on 19 July 2013 at which resolutions will be proposed in relation to the dividends paid by the Company in August 2011.

A copy of the Circular has been submitted to the Financial Conduct Authority via the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do.

20 June 2013

For further information, please contact:

David Hall YFM Equity Partners Limited Tel: 0113 294 5039

Matthew Thomas Nplus1 Singer Advisory LLP Tel: 0207 496 3000