Purchase of Own Securities

Baronsmead VCT 2 PLC
30 September 2003

          
To:       RNS
Date:     30 September 2003
From:     Baronsmead VCT 2 plc

REPURCHASE OF SHARES

The Board of Baronsmead VCT 2 plc announces that on 29 September 2003 the
Company purchased for cancellation 25,000 ordinary shares of 10p at a price of
83.75p per share.

Following this purchase there are now 41,029,300 ordinary shares of 10p in 
issue.


For further information please contact:


                         Gary Fraser, ISIS Asset Management plc :  0131 465 1000


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