Issue of Equity

New Cent. Aim Vct 2
                  

New Century Aim VCT 2 Plc

Allotment of Shares

The Board is pleased to announce that in accordance with the terms of the Offer
for Subscription dated 12th March 2007, 2,304,530 shares of 10p each were
allotted on 30th March 2007 at 100p per share.

Application has been made for the admission of the 2,304,530 shares to the
Official List of the UK Listing Authority and to trading on London Stock
Exchange plc's market for listed securities

Following a review of the changes to VCT rules announced in the recent Budget,
the Board has determined that the Offer should close on the 5th April 2007.
Afurther announcement will be made at that time. In view of the Budget changes,
Michael Barnard will now be applying for 250,000 shares in the fund.