TIDMDP3C 
 
   Downing THREE VCT plc 
 
   18 March 2014 
 
   Issue of Equity 
 
   The Directors of Downing THREE VCT plc announce an allotment on 18 March 
2014  of H shares of 0.1p each ("H Shares") pursuant to the Offer for 
Subscription that opened on 18 December 2013 ("Offer") as follows: 
 
   1,311,226 H Shares at an average price of 104.32p 
 
   Application for the H Shares to be admitted to the Official List of the 
UK Listing Authority and to trading on the London Stock Exchange's 
market for listed securities will be made shortly. Dealings are expected 
to commence on or around 21 March 2014. 
 
   The Offer will close on 4 April 2014 in respect of the 2013/2014 Offer 
and 30 April 2014 in respect of the 2014/2015 Offer  unless previously 
extended or fully subscribed at an earlier date. 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Downing Planned EXIT VCT 3 plc via Globenewswire 
 
   HUG#1769732
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