Directorate Change

BARONSMEAD SECOND VENTURE TRUST PLC

12 October 2016

DIRECTORATE CHANGE

The Company announces that Robert Owen has informed the Board of his intention to resign as a non-executive Director of the Company with effect from 13 October 2016.

Anthony Townsend, Chairman of Baronsmead Second Venture Trust plc commented;

I would like to sincerely thank Robert Owen for his contribution to our Board and the Baronsmead family over the past years. We wish him all good fortune in his future plans and pursuits.

For further information please contact:

Michael Probin - VCT Investor Relations Director

Livingbridge VC LLP

Tel: 020 7506 5796

END