Net Asset Value(s)

The Board of Baronsmead VCT 2 plc announces that the net asset value of the
Ordinary Shares at 31 May 2011 was 100.92p per share.

The net asset value is stated before deducting the interim dividend of 2.5p per
share which will go ex-dividend on 1 June 2011 and will paid on 17 June 2011.

For further information contact:

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