Interim Management Statement

RNS Number:8003N
Electra Kingsway VCT 3 Plc
12 February 2008


                   Electra Kingsway VCT 3 Plc ("the Company")
                          Interim Management Statement
                                 February 2008


Electra Kingsway VCT 3 Plc presents its interim management statement for the
three month period from 1 October 2007 to 31 December 2007. This is the first
Interim Management Statement issued by the Company in accordance with the new EU
Transparency Directive and FSA requirements.

Stuart Stradling, Electra Kingsway VCT 3 Plc's Chairman said:

"Our outlook for the business is unchanged. We have made a number of investments
in the first three months. We remain wary of the general economic outlook and
believe that the availability of bank finance may negatively impact on possible
realisations in the short term. However, we also believe that current market
conditions will generate opportunities for those funds with capital to invest."

Investments and realisations

The Company invested a total of £2.2 million in the three months to 31 December
2007. Investment for the equivalent period last year was £3.7million.

The two largest investments in the period were £1.0 million made in The Fin
Machine Company and £1.0 million in Kingsway Acquisitions Ltd (Springrealm),
companies specialising in Manufacturing and Branded Menswear respectively.

There were no realisations for the three months to 31 December 2007 (2006:£
NIL).

After the quarter end the Company made two further investments totalling £0.5
million and received proceeds totalling £1.9 million from the sale of its
holding in Gyro International.

Share Buybacks

During the three months to 31 December 2007, no shares were issued and no shares
were bought back by the Company for cancellation.

On 29 January 2008 the Company acquired 36,450 shares for cancellation.

The number of ordinary shares in issue was 35,033,198 as at 11th February 2008.

Net Liquid Resources

The Company had net liquid resources at 31 December 2007 of £10.6 million.
Despite the investment over the three months to 31 December, the Company remains
with substantial liquid assets available for further new investment.

Final Results

On 24 January 2008, the Company announced its results for the financial year
ended 30 September 2007, interim dividend and the date of the forthcoming Annual
General Meeting.



Ends



For information please contact:



Nick Ross, Director Electra Kingsway VCT 3 Plc

0207 214 4200



This statement aims to give an indication of material events and transactions
that have taken place during the period from 1 October 2007 to the date of
publication of this statement and their impact on the financial position of
Electra Kingsway VCT 3 Plc. These indications reflect the Board's current view.
They are subject to a number of risks and uncertainties and could change.
Factors which could cause or contribute to such differences include, but are not
limited to, general economic and market conditions and specific factors
affecting the financial prospects or performance of individual investments
within the Company's portfolio.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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