Issue of Equity

Octopus Titan VCT 2 plc
                  

Octopus Titan VCT 2 plc

20 December 2007

Issue of Equity

The Directors of Octopus Titan VCT 2 plc are pleased to announce an initial
allotment on 19 December 2007 of 1,334,642 ordinary shares of 10p each
('Ordinary Shares') at a price of 100 pence per share pursuant to the Offer that
opened on 2 November 2007.

Application for the Ordinary Shares (along with a further 2 ordinary shares of
10p each issued as subscriber shares) to be admitted to the Official List of the
UK Listing Authority and to trading on the London Stock Exchange's market for
listed securities will be made shortly and dealings are expected to commence on
28 December 2007.