8 Feb 2006 16:01
Baronsmead VCT 2 PLC08 February 2006 To: RNS Date: 8 February 2006 Company: Baronsmead VCT 2 plc Subject: Dividends to both Ordinary and C Shareholders Following a series of profitable realisations, the Board of Baronsmead VCT 2 plcis pleased to declare a third interim dividend of 6.0p per Ordinary Share(comprising 1.1p revenue and 4.9p capital) to be paid on 20 March 2006 toOrdinary Shareholders on the register on 17 February 2006. Since launch in April 1998, dividends totalling 47.40p have been paid toOrdinary Shareholders, an average of 5.9p per annum. The Board of Baronsmead VCT 2 plc is also pleased to declare a second interimdividend of 1.3p per C Share to be paid on 20 March 2006 to C Shareholders onthe register on 17 February 2006. These interim dividends are being paid prior to 5 April 2006 to allow existingshareholders the current 40% tax relief available through the issue of newshares under the Dividend Reinvestment Scheme. This dividend payment is in line with the Boards aim to sustain annual dividendsat 4.5p per Ordinary Share, whilst striving to maintain a NAV of approximately100p per Ordinary Share or more. For further information contact: David Thorp, ISIS EP LLP: 0207 506 1609Rhonda Nicoll, F&C Asset Management plc: 0131 465 1074 This information is provided by RNS The company news service from the London Stock Exchange