RNS Number:6856J
Oxford Technology 3 VCT PLC
04 April 2003



                                Announcement
                                4 April 2003


                 OXFORD TECHNOLOGY 3 VENTURE CAPITAL TRUST PLC

                          ("OT3VCT" or "the Company")

                             Offer for Subscription

In accordance with the prospectus dated 12 February 2002, and Supplementary
Listing Particulars dated 10 December 2002, a further 881,193 shares were
allotted today, 4 April 2003, in respect of the 2002/3 tax year.

Copies of the Prospectus dated 12 February 2002 and the Supplementary Listing
Particulars dated 10 December 2002 can be obtained from the contacts listed
below.



Contacts:



Lucius Cary / Matthew Frohn, OT3VCT on 01865 784466 www.oxfordtechnology.com

Noelle Greenaway / Roland Cornish, Beaumont Cornish Limited on 020 7628 3396


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