Transaction in Own Shares

AIM VCT2 PLC
01 November 2005


To:                 RNS
Date:               01 November 2005
Subject:            AiM VCT2 plc



Transaction in Own Securities



The Board of AiM VCT2 plc announces that the Company purchased for cancellation
on 01 November 2005 150,000 ordinary shares of 10p at a price of 71.5p.



Following this purchase there are now 43,494,382 ordinary shares of 10p in
issue.


For further information please contact:


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






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