Annual Report and Accounts

Baronsmead VCT 2 PLC
26 May 2006

TO: LONDON STOCK EXCHANGE, COMPANY ANNOUNCEMENTS



FROM:               Baronsmead VCT 2 plc

AVS NO:

DATE:               26 May 2006


BARONSMEAD VCT 2 PLC

2006 Annual Report & Accounts

A copy of the above document has been submitted to the Financial Services
Authority and will shortly be available for inspection at the FSA's Document
Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

For further information please contact:

Rhonda Nicoll, F&C Asset Management plc, Secretaries:        0131 465 1000


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