Transaction in Own Shares

FROM: Baronsmead VCT 2 plc

DATE: 5 March 2010

SUBJECT: Transaction in Own Shares

The Board of Baronsmead VCT 2 plc announces that on 5 March 2010 the Company
purchased 560,000 ordinary shares of 10p at a price of 79.0 pence per share to
be held in Treasury.

Following the share buyback, the Company's issued ordinary share capital
consists of 74,730,194 of which 7,053,906 are held in Treasury. Therefore the
total number of shares with voting rights in Baronsmead VCT 2 plc is 67,676,288
ordinary shares of 10p.

The above figure 67,676,288 may be used by shareholders as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, Baronsmead VCT 2 plc under
the FSA's Disclosure and Transparency Rules.

For further information please contact

Michael Probin Investor Relations ISIS EP LLP: 020 7506 5796