MIG.L Regulatory News (MIG)

Mobeus Income & Growth 2 VCT plc (the "Company")

11 September 2014

Interim dividend

The Board of Mobeus Income & Growth 2 VCT plc is pleased to announce that it has declared an exceptional interim capital dividend of 14 pence per share in respect of the year ending 31 March 2015. The dividend will be paid on 20 October 2014 to Shareholders on the Register on 19 September 2014.

This dividend is being paid subsequent to the partial sale of the Company's investment inATG Media and the full sale of the Company's investments in MachineWorks, Monsal and DiGiCo, reported on 1 August 2014. Total gains over the cost of these investments were £5.4 million.

This payment will increase cumulative dividends paid to Shareholders from 23 pence to 37 pence per share.

The dividends are tax-free for Qualifying Shareholders.

For further information please contact:

Rob Brittain, Mobeus Equity Partners LLP, the Company Secretary on

020 7024 7600