Dividend Declaration

Baronsmead VCT 2 PLC
16 August 2007



To:            RNS

Date:          16 August 2007

Company:       Baronsmead VCT 2 plc

Subject:       Third Interim Dividend



The Board of Baronsmead VCT 2 plc is pleased to announce that a 3.5p third
interim dividend (comprising 2.1p revenue and 1.4p capital) will be paid on 28
September 2007 to shareholders on the register on 24 August 2007.

Since launch in April 1998, dividends totalling 60.9p have been paid to ordinary
shareholders.  This equates to an annual average dividend of 6.4p per share on
the subscription price of 100p by founder shareholders.  Such dividends are
tax-free to qualifying private investors.



For further information contact:


David Thorp, ISIS EP LLP:                          0207 506 5631
Rhonda Nicoll, F&C Asset Management plc:           0131 718 1074




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