RNS Number:4566A
Electra Kingsway VCT 3 Plc
27 March 2006


ELECTRA KINGSWAY VCT 3 PLC



The issuer has made the following amendment to the Offer Closed announcement
released on 27 March 2006 at 12:52 under RNS NO 4427A.

The date and time of the closing date for the 2005/06 offer should read 5pm on 5
April 2006 and not 12 noon on 4 April 2006 as previously shown.

All other details remain unchanged.

The full corrected version is shown below.



                       ELECTRA KINGSWAY VCT 3 PLC


                        OFFERS FOR SUBSCRIPTION



The Board of Electra Kingsway VCT 3 Plc (the "Company") announces that, having
considered the changes to be made to the tax treatment of VCTs from 6 April 2006
which were announced in the Budget speech on 22 March 2006, the Company will not
proceed with the Offer for Subscription of New Ordinary Shares in respect of the
2006/2007 tax year. This 2006/2007 Offer was expected to open on 6 April 2006.


The 2005/2006 Offer remains open and is expected to close at 5pm on 5 April
2006.


For further information please call:


Downing Corporate Finance

Customer Helpline              020 7411 4700



END




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