Transaction in Own Shares

Baronsmead VCT 2 PLC
29 June 2007

TO:           RNS
FROM:         Baronsmead VCT 2 plc
DATE:         29 June 2007
SUBJECT:      Transaction in Own Shares



The Board of Baronsmead VCT 2 plc announces that on 30 March 2007 the Company
purchased 150,000 ordinary shares of 10p at a price of 100.5p per share to be
held in Treasury.


The Company's issued ordinary share capital consists of 63,496,638 with voting
rights of which 1,920,000 are held in Treasury.  Therefore the total number of
shares with voting rights in Baronsmead VCT 2 plc is 61,576,638.


The above figure (61,576,638) 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:

David Thorp, ISIS EP LLP:                           0207 506 1100
Rhonda Nicoll, F&C Asset Management plc:            0131 465 1000


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