Transaction in Own Shares

Baronsmead Venture Trust plc

The Board of Baronsmead Venture Trust plc (the "Company") announces that on 20 December 2017 the Company purchased 500,000 ordinary shares of 10p at a price of 87.5 pence per share to be held in Treasury.

Following the share buyback, the Company's issued ordinary share capital consists of 206,285,223 shares of which 12,103,819 shares are held in Treasury. Therefore the total number of shares in circulation which hold voting rights in the Company is 194,181,404 ordinary shares of 10p. Each share has one voting right.

For further information please contact:

Baronsmead VCT Investor Relations

020 7506 5717

[email protected]