Result of Share Offer

Northern 2 VCT PLC
06 April 2006


Northern 2 VCT PLC ('The Company')

Results of Share Offer

The Company announces that as at the closing of the 2005/06 Offer for 
Subscription on Wednesday 5 April 2006, applications had been received under 
the 2005/06 Offer for 6,903,083 Ordinary Shares of 5p with a total subscription
price of £6,281,805. The Offer is now closed.

ENDS



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