Issue of Equity

Octopus Titan VCT 2 plc
                  Octopus Titan VCT2 plc

22 January 2008

Issue of Equity

The Directors of Octopus Titan VCT 2 plc are pleased to announce an allotment on
21 January 2008 of 268,252 ordinary shares of 10p each ('Ordinary Shares') at a
price of 100 pence per share pursuant to the Offer that opened on 2 November
2007. 5,275 ordinary shares were issued and allotted to John Hustler, who is a
non-executive director and Chairman of Octopus Titan VCT 2 plc.

The Ordinary Shares will be admitted to the Official List of the UK Listing
Authority and to trading on the London Stock Exchange's market for listed
securities and dealings are expected to commence on 24 January 2008.

The Company now has 1,777,874 Ordinary Shares in issue.

The Offer is expected to remain open until 4 April 2008 unless previously
extended or fully subscribed earlier.

For further information please contact:

Octopus Titan VCT 2 plc
8 Angel Court
London
EC2R 7HP