Transaction in Own Shares

Baronsmead Venture Trust plc

The Board of Baronsmead Venture Trust plc (the "Company") announces that on 8 December, 750,000 Ordinary shares of 10p each were sold by the Company from the shares held in Treasury at a price of 82 pence per share.

The resultant total number of Ordinary shares held in Treasury by the Company is 10,503,819.

The resultant total number of Ordinary shares that the Company has in circulation following this sale is 173,620,866 and the total number of Ordinary shares that the Company has in issue is 184,124,685. Each share has one voting right.

For further information please contact:

Michael Probin Investor Relations

Livingbridge VC LLP: 020 7506 5796