Doc re.Offer for Subscription

Baronsmead VCT 2 PLC
16 April 2004


To:          RNS

From:        Baronsmead VCT2 plc

Date:        16 April 2004


OFFER FOR SUBSCRIPTION

A copy of the above document has been submitted to the Financial Services
Authority and will shortly be available for inspection at the FSA's Document
Viewing Facility, which is situated at:


Financial Services Authority

25 The North Colonnade

Canary Wharf

London

EH14 5HS


For further information please contact:


Gary Fraser, ISIS Asset Management plc, Secretaries:          0131 465 1000


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            The company news service from the London Stock Exchange