Transaction in Own Shares

The Board of Baronsmead VCT 2 plc announces that on 26 May 2011 the Company
purchased 275,000 ordinary shares of 10p at a price of 90.25 pence per share to
be held in Treasury.

Following the share buyback, the Company's issued ordinary share capital
consists of 76,789,184 shares of which 8,188,906 shares are held in Treasury.
Therefore the total number of shares in circulation which hold voting rights in
Baronsmead VCT 2 plc is 68,600,278 ordinary shares of 10p. Each share has one
voting right.

For further information please contact

Michael Probin Investor Relations ISIS EP LLP: 020 7506 5796