Issue of Equity

Baronsmead VCT 2 PLC
02 April 2004

To:          RNS

From:          Baronsmead VCT2 plc

Date:          2 April 2004









Issue of Equity

The Company announces that on 2 April 2004 it allotted and issued 881,768 new
ordinary shares of 10p each under the Offer for Subscription at a price of
105.00p.


The new shares increase the issued share capital to 41,870,787 ordinary shares.






For further information please contact:

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


                      This information is provided by RNS
            The company news service from the London Stock Exchange