Purchase of Own Securities

Northern 2 VCT PLC
15 November 2001



NORTHERN 2 VCT PLC ('the Company')

PURCHASE OF OWN SHARES

The Company announces that on 14 November 2001 it purchased for cancellation
under an existing authority granted by shareholders 12,000 ordinary shares of
5p each in the market at a price of 80p, representing approximately 0.03 per
cent of the company's issued share capital. There remain 45,172,605 ordinary
shares in issue.