Issue of Equity

British SmallerTechCompaniesVCT2PLC
21 July 2005


21 July 2005

British Smaller Technology Companies VCT 2 plc (the "Company")

Issue of Equity

Application has been made to the UK listing authority for admission to the
official list for 77,311 new ordinary shares issued by the Company under its
dividend reinvestment scheme.

Following this, the Company's issued share capital is now 7,718,777 ordinary
shares.

END



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