Investment in Another Company

Oxford Technology 2 VCT PLC
5 April 2001


Oxford Technology 2 VCT has invested a further £186,500 in Coraltech Ltd. Of the
total sum invested, £36,500 was in the form of a loan to the Company, £50,000
was for new ordinary shares, and £100,000 was for the Coraltech Ltd ordinary
shares from a third party. This brings Oxford Technology 2 VCT's shareholding in
Coraltech Ltd to about 14.2%.

Coraltech Ltd has developed a novel, patent protected process for producing
moulded plastic components in which part of the component is solid and part is
foamed. This allows the production of a plastic component with both thick and
thin parts using less plastic than conventional methods resulting in a cheap,
lightweight yet strong product. The company is now beginning to secure licenses
for the use of its technology and the purpose of this investment is to allow the
company to continue to develop the technology and to investigate new markets.

For further information, please contact Oxford Technology 2 VCT on 01865 784466.