Transaction in Own Shares

AIM VCT2 PLC
31 August 2006



To:            RNS
Date:          31 August 2006
Subject:       AiM VCT2 plc



Transaction in Own Securities


The Board of AiM VCT2 plc announces that the Company purchased for cancellation
on 31 August 2006 25,000 ordinary shares of 10p at a price of 63.0p.

Following this purchase there are now 41,010,023 ordinary shares of 10p in
issue.



For further information please contact:

Robert Mitchell, Bluehone Investors LLP:          0207 496 8929
Scott Macrae, F & C Asset Management plc:         0131 465 1000




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