Blocklisting Interim Review

Baronsmead VCT 2 PLC
16 December 2005


SCHEDULE 5
BLOCK LISTING SIX MONTHLY RETURN



To:    Listing Applications
       UK Listing Authority
       Financial Services Authority
       25, The North Colonnade
       Canary Wharf
       London, E14 5HS



AVS No:



Please ensure the entries on this return are typed

1.

Name of company

BARONSMEAD VCT 2 plc



2.

Name of scheme

C SHARES - BLOCK LISTING



3.

Period of return: From 7 JULY 2005 to 16 DECEMBER 2005



4.

Number and class of share(s) (amount of stock/debt security) not issued under
scheme

925,005 C SHARES



5.

Number of shares issued/allotted under scheme during period:

77,072 C SHARES



6.

Balance under scheme not yet issued/allotted at end of period

847,933 C SHARES



7.

Number and class of share(s) (amount of stock/debt securities) originally listed
and the date of admission;

1,000,000 C SHARES





Please confirm total number of shares in issue at the end of the period in order
for us to update our records

22,152,067 C SHARES





Contact for queries:

Address:



Name: RHONDA NICOLL
80 GEORGE STREET, EDINBURGH, EH2 3BU


Telephone: [phone]






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