Transaction in Own Shares

AIM VCT2 PLC
01 May 2007

To:                RNS
Date:              01 May 2007
Subject:           AiM VCT2 plc



Transaction in Own Securities



The Board of AiM VCT2 plc announces that the Company purchased for cancellation
on 30 April 2007 175,000 ordinary shares of 10p at a price of 83.75p.

Following this purchase there are now 39,163,848 ordinary shares of 10p in
issue.

The above figure (39,163,848) may be used by shareholders as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, AiM VCT2 plc under the
FSA's Disclosure and Transparency Rules.



For further information please contact:


Robert Mitchell, Bluehone Investors LLP:             0207 496 8929
Scott Macrae, F & C Asset Management plc:            0131 718 1000



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