Completion of two new investments

British Smaller Companies VCT plc ("the Company")

Completion of two new investments

The Company announces that it has recently completed investments totalling £3.58 million to support the management buyout of two businesses; Cambrian Park & Leisure Homes Limited and Springboard Research Ltd.

This brings the aggregate portfolio investment during the first seven months of the current financial year into both new and existing companies to £11.64 million.

For further information please contact:

David Hall YFM Private Equity Limited Tel: 0113 244 1000

Gillian Martin Nplus 1 Singer Advisory LLP Tel: 020 7496 3000