Interim Management Statement

Interim Management Statement

Keydata Income VCT 2

KEYDATA INCOME VCT 2 PLC

Interim Management Statement

This statement covers the period from 1 March 2009 to the date of release of the statement on 7 July 2009.

On 11 June 2009, the Company announced the appointment, with immediate effect of Foresight Group, a leading VCT investment manager, as both investment manager (to replace Green Power 2 Ltd) and also to take over VCT administration from Keydata Investment Services Limited .

Discussions will commence shortly regarding a possible merger of the Company and Keydata Income VCT 1 plc with an existing VCT within the stable of four Foresight VCTs. Such a merger would be subject to the approval of the shareholders of the Company. Any such merger would be likely to be effected by way of a scheme of arrangement under section 110 of the Insolvency Act 1986, which would be outside the remit of the Takeover Code.

Further updates will be provided as and when further information becomes available. There were no investments or disposals during the period.

On 16 June 2009, Stewart Ford resigned as a director of the Company.

On 30 June 2009, the Company held its Annual General Meeting at which all resolutions proposed were approved by shareholders.

The most recent unaudited Net asset value per ordinary share as at 31 May 2009, the end of the first quarter, was 51.18 pence.

The number of ordinary shares in issue remained unchanged during the period at 7,306,320.

7 July 2009

For further information please contact:

Craig McNeilCraig McNeil
Company SecretaryCompany Secretary
Keydata Income VCT 2 plcKeydata Income VCT 2 plc
0141 228 63100141 228 6310