Director Declaration

British Smaller Companies VCT plc ("the Company")

New Directorship for the Chairman of the Company

As required to be disclosed pursuant to paragraph LR 9.6.14R of the Listing Rules the Company is required to disclose the details of all directorships held by its directors in any other publically quoted company.

With effect from the 17 October 2011 Helen Sinclair the Chairman of the Company was appointed a Non- Executive Director to the board of Octopus Eclipse VCT 3 PLC.

For further information please contact:

David Hall YFM Private Equity Limited Tel: 0113 294 5039

Claes Spang Singer Capital Markets Limited Tel: 0203 205 7500