Maven I&g 4 Regulatory News (MAV4)

8 Nov 2006 14:20

Aberdeen Grwth Opp VCT2 PLC08 November 2006 ABERDEEN GROWTH OPPORTUNITIES VCT 2 PLC Portfolio Update The Directors are pleased to announce that, following gains made on therealisations of investments in Travel Class, Vibration Technology and BondAviation Solutions, Aberdeen Growth Opportunities VCT 2 has now made its fourthrealisation resulting in a significant gain. On 7 November 2006 Styles & Wood Holdings PLC listed on the London StockExchange. As part of the flotation process the Company realised its investmentin Styles and Wood Holdings Limited for proceeds of £801,809, which represent anincrease of £601,809 over the Company's previous valuation of the investment,and over the cost of the investment. On 13 October 2006 the Company sold its investment in Vibration Technology forproceeds of £339,196, an increase of £189,194 on the Company's previousvaluation and on the cost of the investment. On 17 October 2006, the Companysold its investment in Bond Aviation Solutions Limited for proceeds of £422,799,an increase of £72,802 on the Company's previous valuation of the investment,representing a gain of £172,800 on the cost of investment. When taken together with other less significant movements in the valuation ofthe rest of the portfolio, the effect is to increase the unaudited Net AssetValue from 100.6p per share at 30 June 2006 to 106.9p per share at 31 October2006. Since the valuation at 30 June 2006 the Net Asset Value per share hasincreased by 6.3%. Issued on behalf of the Board Aberdeen Asset Management PLC, Secretary 8 November 2006 This information is provided by RNS The company news service from the London Stock Exchange