Withdrawal of Buy Back Policy

23 May 2006 17:24

British SmallerTechCompaniesVCT2PLC23 May 2006 British Smaller Technology Companies VCT 2 plc ("the Company") Withdrawal of Share Buy Back Policy The directors are of the opinion that the interests of the Company'sshareholders as a whole would be best served by concentrating the Company's cashresources and management efforts on supporting the expansion plans of keybusinesses in the Company's existing investment portfolio and selectively makingnew investments in new business opportunities that have proven market acceptanceand provide potential for significant growth. Accordingly, in order to implement this, the Company today announces that it iswithdrawing its share buy back policy for an indefinite period. The directorsmay consider the reinstatement of a similar policy at some future date. 23 May 2006 This information is provided by RNS The company news service from the London Stock Exchange