15 Feb 2005 10:57
Baronsmead VCT 2 PLC15 February 2005 To: RNS Date: 15 February 2005 Company: Baronsmead VCT 2 plc Subject: Net Asset Value of Ordinary Shares and C Shares at 31 December 2004 The Board of Baronsmead VCT 2 plc announces that the net asset value of theordinary shares at 31 December 2004 was 108.84p per share. This represents atotal return of 8.7 per cent over the three months from 30 September 2004. Thisuplift in value was attributable to trading and profits growth at severalunquoted companies which has resulted in an upward valuation of investments, anincrease in AiM share prices within the investment portfolio and the profitablesale of both unquoted and AiM-traded investments. The Board of Baronsmead VCT 2 plc announces that the net asset value of the Cshares at 31 December 2004 was 95.79 pence per share. The total return on the ordinary shares of Baronsmead VCT 2 plc (net of allcosts) have exceeded that of the FTSE All-Share Index over one year, three yearsand since launch. Year to 3 Years to Since Launch 31/12/04 31/12/04 02/04/98 to 31/12/04 Baronsmead VCT 2 plc +15.1% +29.5% +57.6%FTSE All-Share +12.8% +5.4% +2.9%Differential +2.3% +24.1% +54.7% These differentials do not include the benefit of the VCT tax reliefs that applyto qualifying shareholders. For further information contact: David Thorp, ISIS Equity Partners plc: 0207 506 1609Robert Coulter, F&C Asset Management plc: 0131 465 1016 This information is provided by RNS The company news service from the London Stock Exchange