Transaction in Own Shares

AIM VCT2 PLC
25 February 2004

          
To:       RNS

Date:     25 February 2004

Subject:  AiM VCT2 plc


Transaction in Own Shares

The Board of AiM VCT2 plc announces that the Company purchased for cancellation
today 50,000 ordinary shares of 10p at a price of 82.5p.

Following this purchase there are now 41,616,369 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



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