Offer Update

13 Dec 2010 14:19

Baronsmead VCT 2 plc (the "Company") Offer for Subscription to raise up to the sterling equivalent €2.5million by way of an issue of New Ordinary Shares (the "Offer") Offer Update - Close of Offer

The Board of the Company is pleased to announce that applications in respect of the Offer have been received for sterling equivalent €2.5million. As the Offer is fully subscribed it is now closed.

The shares will be allotted by Monday 20 December 2010 with respect to successful applications. Any questions relating to the administration of subscriptions to the Offer should be directed to:

Malcolm Haw or Claudia Lloyd at The City Partnership (UK) Limited. Tel: 0131 2437210

Michael Probin, ISIS EP LLP 0207 506 5796