Transaction in Own Shares

The Board of Baronsmead VCT 2 plc announces that on 29 November 2012 the
Company purchased 675,000 ordinary shares of 10p at a price of 94.50 pence per
share to be held in Treasury.

Following the share buyback, the Company's issued ordinary share capital
consists of 80,866,771 shares of which 9,893,819 shares are held in Treasury.
Therefore the total number of shares in circulation which hold voting rights in
Baronsmead VCT 2 plc is 70,972,952 ordinary shares of 10p. Each share has one
voting right.

For further information please contact

Michael Probin, VCT Investor Relations Director, ISIS EP LLP: 020 7506 5796