Transaction in Own Shares

AIM VCT2 PLC
01 October 2004

To:                   RNS

Date:               1 October 2004

Subject:           AiM VCT2 plc







Transaction in Own Securities



The Board of AiM VCT2 plc announces that the Company purchased for cancellation
today 100,000 ordinary shares of 10p at a price of 78.5p.


Following this purchase there are now 42,944,106 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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