Northern 2 VCT PLC : Result of General Meeting

23 NOVEMBER 2011

NORTHERN 2 VCT PLC

RESULT OF GENERAL MEETING

Northern 2 VCT PLC ("the Company") announces that at the general meeting held on
23 November 2011 the resolution set out in the notice of meeting was duly passed
by shareholders.

In accordance with the Disclosure Rules and Transparency Rules, a copy of the
resolution proposed and passed which amended the company's constitution has been
submitted to the National Storage Mechanism and will shortly be available for
inspection at www.Hemscott.com/nsm.do and is also available on the NVM Private
Equity website at www.nvm.co.uk/n2vctgmnov2011.

Details of proxy voting on the resolution put to shareholders at the general
meeting are as follows:

+-------------------------------+----------+-------------+-------+-------------+
|Resolution                     |For       |Discretionary|Against|Vote withheld|
+-------------------------------+----------+-------------+-------+-------------+
|That the share premium account |11,784,026|282,055      |57,324 |3,000        |
|of the Company be reduced by   |          |             |       |             |
|£25 million                    |          |             |       |             |
+-------------------------------+----------+-------------+-------+-------------+




Enquiries:

Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191 244 6000
Website: www.nvm.co.uk

Neither  the contents of the NVM Private Equity Limited website nor the contents
of  any website  accessible from  hyperlinks on  the NVM  Private Equity Limited
website  (or any  other website)  is incorporated  into, or  forms part of, this
announcement.








This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: Northern 2 VCT PLC via Thomson Reuters ONE

[HUG#1566076]