Net Asset Value(s)

The Board of Baronsmead VCT 2 plc announces that the net asset value of the
Ordinary Shares at 31 October 2010 was 96.41p per share.

The net asset value is stated before deducting the final dividend of 3.0p per
share which will go ex-dividend on 22 December 2010 and will be paid on 14
January 2011 if approved at the Annual General Meeting to be held on 11 January
2011.

For further information contact:

Michael Probin VCT Investor Relations ISIS EP LLP:        020 7506 5796