Transaction in Own Shares (Replacement)

Maven Income and Growth VCT 2 PLC - Amendment to Announcement

The following amendment has been made to the 'Transaction in Own Shares' announcement released on 24 March 2010 at 16:38 under RNS No 1358J.

The number of shares bought back for cancellation was 215,653, not 215,563 as previously announced and the resulting share capital now comprises 22,267,844 Ordinary Shares of 10p each. All other details remain unchanged and the full amended text is shown below.

Maven Income and Growth VCT 2 PLC - Share Buy-back

On 24 March 2010, Maven Income and Growth VCT 2 PLC purchased, for cancellation, 215,653 of its own Ordinary Shares at 37.5p per share.

As a result, the Company's issued share capital now comprises 22,267,844 Ordinary Shares of 10p each.

On behalf of the Board

Maven Capital Partners UK LLP

Secretary

24 March 2010