Purchase of Own Securities

AIM VCT2 PLC
20 February 2002


TO: LONDON STOCK EXCHANGE, COMPANY ANNOUNCEMENTS

FROM:          AiM VCT2 plc

DATE:           20 February 2002

SUBJECT:     AiM VCT2 plc


PURCHASE OF OWN SECURITIES

The Board of AiM VCT2 plc announces that the Company purchased for cancellation
today 21,372 ordinary shares of 10p at a price of 88p.

Following this purchase there are now 41,680,961 ordinary shares of 10p in
issue.


For further information please contact:

Robert Mitchell, Friends Ivory & Sime plc:               0207 506 1100

Rhonda Nicoll, Friends Ivory & Sime plc  :               0131 465 1000


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