Last checked at 
14 Nov 2008 11:14
Aberdeen Growth Opportunities VCT 2 PLC
Interim Management Statement
1. Net Asset Value
Ordinary share net asset value (NAV) of 93.1p at 30 September 2008 (101.5p at 30 June 2008)
S Ordinary share net asset value (NAV) of 96.7p at 30 September 2008 (98.7p at 30 June 2008)
The NAVs shown above are unaudited and reflect the closing bid prices of quoted securities at 30 September 2008. Unlisted companies are normally valued on a six-monthly basis and the NAVs include the Directors' valuations of unlisted investments as at 30 June 2008 adjusted for material developments within the portfolios since that date.
2. Investments and disposals
For the Ordinary share portfolio, during the quarter ended 30 September 2008, investments totalling £150,000 were made in four unlisted or AIM-quoted companies. During the same period, disposals of three unlisted or AIM quoted investments generated aggregate proceeds of £376,452 against cost of £232,452.
For the S share portfolio, during the quarter ended 30 September 2008, investments totalling £115,000 were made in three unlisted or AIM-quoted companies. During the same period, disposals of three AIM-quoted investments generated aggregate proceeds of £60,221 against cost of £96,389.
There were no other material transactions during the period under review.
3. Recent developments
No further investments have been made between 30 September 2008 and the date of this statement. During that period, disposals generated proceeds of £94,699 and £67,888 for the Ordinary share portfolio and C share portfolio respectively against costs of £87,847 and £59,161.
The Board is not aware of any other events or transactions that have taken place between 30 September 2008 and the date of publication of this statement and which would have had a material impact on the financial position of the Company.
Issued on behalf of the Board
Aberdeen Asset Management PLC, Secretary
14 November 2008