Total Voting Rights

Baronsmead VCT 2 plc

Total Voting Rights

In conformity with the Disclosure and Transparency Rule 5.6.1, we would like to
notify the market of the following:

As at 31 December 2012, the issued share capital and voting rights of
Baronsmead VCT 2 plc are as follows:

Class of    Total number of  Number of  Total number  Number of    Total number
share       shares in        voting     of voting     shares held  of shares in
            circulation      rights     rights of     in treasury  issue       
                             attached   shares in     (carrying no             
                             to each    circulation   voting                   
                             share                    rights                   
                                                      attached                 
                                                      until                    
                                                      issued)                  
                                                                               
Ordinary    75,444,950       1          75,444,950    9,893,819    85,338,769  
10p shares                                                                     

The above total voting rights figure may be used by shareholders as the
denominator for the calculations by which they will determine whether they are
required to notify their interest in Baronsmead VCT 2 plc under the FSA's
Disclosure and Transparency Rules.

2 January 2013

For further information please contact:

Michael Probin - VCT Investor Relations Director
ISIS EP LLP
Tel: [phone]