Disclosure of Home Member State

Baronsmead Venture Trust plc

25 February 2016

DISCLOSURE OF HOME MEMBER STATE

For the purposes of the Transparency Directive (Directive 2004/109/EC), as amended by the Transparency Directive Amending Directive (Directive 2013/50/EU) and DTR 6.4.2 of the Financial Conduct Authority's Disclosure Rules and Transparency Rules, the Home Member State of Baronsmead Venture Trust plc is the United Kingdom.

For further information, please contact:

Michael Probin - VCT Investor Relations Director Livingbridge VC LLP

Telephone: 020 7506 5796