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RNS Number : 0209M

Baronsmead Second Venture Trust PLC

05 May 2020

Following the announcement made on 8 April 2020, the Board of Baronsmead Second Venture Trust plc (the "Company") announces that a full review of the unquoted portfolio valuations at 31 March 2020 has now been completed. The updated unaudited net asset value of the Ordinary Shares as at 31 March 2020 is 66.44p per share.

The Investment Manager has provided an update on the COVID-19 crisis and the impact and implications for the VCT portfolio. It can be found on the Company website www.baronsmeadvcts.co.uk .

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU No. 596/2014). Upon the publication of this announcement via Regulatory Information Service this inside information is now considered to be in the public domain.

For further information contact:

Baronsmead VCT Investor Relations

020 3875 9862

baronsmeadvcts@greshamhouse.com

Legal Entity Identifier: 2138008D3WUMF6TW8C28

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May 05, 2020 12:00 ET (16:00 GMT)

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