Transaction in Own Shares

British Smaller Companies VCT plc ("the Company")

Purchase of Own Securities and Total Voting Rights

The Company announces that today it purchased 377,000 ordinary shares of 10 pence each at a price of 87.30 pence per share. These shares will be held in Treasury.

If these shares had been purchased prior to the quarter ended 31 March 2013, and on the assumption that there were no other alterations, the Net asset Value per ordinary share of the Company at that date would have increased by 0.1 pence from 97.0 to 97.1 pence per ordinary share.

The Company's issued share capital now consists of 49,413,915 ordinary shares with voting rights. In addition, the Company holds 3,592,658 shares in Treasury.

The above figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FSA's Disclosure and Transparency Rules.

19 June 2013

For further information, please contact:

David Hall YFM Equity Partners Limited Tel: 0113 294 5039

Matthew Thomas Nplus1 Singer Advisory LLP Tel: 0203 7496 3000