BARONSMEAD SECOND VENTURE TRUST PLC

Share Issue/Capital Change • Feb 25, 2014

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BARONSMEAD VCT 3 PLC - Offers for Subscription - Update

PR Newswire

London, February 25

25 February 2014Baronsmead VCT plc, Baronsmead VCT 2 plc, Baronsmead VCT 3 plc and BaronsmeadVCT 4 plcOffers for Subscription - UpdateOn 22 January 2014 Baronsmead VCT plc, Baronsmead VCT 2 plc, Baronsmead VCT 3plc and Baronsmead VCT 4 plc (together the "Companies") published a Prospectusin relation to offers for subscription for new ordinary shares of 10p each ineach of the Companies to raise, in aggregate, up to £40 million (before issuecosts) (the "Offers" and each an "Offer").The directors of Baronsmead VCT 4 plc have been advised that, on the basis ofsubscription forms received as at the close of business on 24 February 2014 andassuming that they are all accepted, the Baronsmead VCT 4 Offer is fullysubscribed.The Offers for Baronsmead VCT plc, Baronsmead VCT 2 plc and Baronsmead VCT 3plc became fully subscribed on 3, 11 and 19 February 2014 respectively. On thebasis of subscription forms received as at the close of business on 24 February2014, the Offers are now fully subscribed. Investors whose subscription formsare received after this date will have their subscription returned inaccordance with the terms and conditions of the Offers.The first allotment of new ordinary shares for all of the Offers is expected tobe on or around 14 March 2014. Dealings in the new ordinary shares are expectedto take place three days following allotment.For further information, please contact:Michael Probin - VCT Investor Relations DirectorISIS EP LLP

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