Result of General Meeting

British Smaller Companies VCT plc

Result of General Meeting

British Smaller Companies VCT plc ("the Company") announces that the ordinary and special resolutions put to the shareholders of the Company ("Resolutions") at its general meeting held today on 18 February 2014 ("General Meeting") were duly passed.

The full text of the Resolutions are included in the notice of General Meeting dated 14 January 2014, contained within the circular of the same date issued to shareholders, in connection with the Company's current joint fundraising with British Smaller Companies VCT2 plc, which is available for on-line viewing by the public either at www.hemscott.com/nsm.do or on the website of the Company's fund manager at www.yfmep.com.

Details of the proxy votes received for the Resolutions in advance of the General Meeting are also available on the website of the Company's fund manager at www.yfmep.com.

In accordance with the Company's obligations under Listing Rule 9.6.2, a copy of the Resolutions passed at the General Meeting has been submitted to the National Storage Mechanism and is available for viewing at www.hemscott.com/nsm.do.

For further information, please contact:

David Hall YFM Equity Partners Limited Tel: 0113 294 5039

Matthew Thomas Nplus1 Singer Advisory LLP Tel: 020 7496 3000