Purchase of Own Securities

AIM VCT2 PLC
22 August 2003

TO: LONDON STOCK EXCHANGE, COMPANY ANNOUNCEMENTS



DATE:           22 August 2003

SUBJECT:     AiM VCT2 plc



REPURCHASE OF SHARES

The Board of AiM VCT2 plc announces that on 22 August 2003 the Company purchased
for cancellation 9,000 ordinary shares of 10p at a price of 72p.

Following this purchase there are now 41,426,356 ordinary shares of 10p in
issue.








                                        For further information please contact:

                                        Robert Mitchell, ISIS Asset Management
                                        plc:     0207 506 1100

                                        Rhonda Nicoll, ISIS Asset Management
                                        plc:          0131 465 1000



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