Transaction in Own Shares

Baronsmead VCT 2 PLC
19 May 2006


TO:              RNS
FROM:            Baronsmead VCT 2 plc
DATE:            19 May 2006
SUBJECT:         Transaction in Own Shares

The Board of Baronsmead VCT 2 plc announces that on 18 May 2006 the Company
purchased 150,000 ordinary shares of 10p at a price of 103.00p per share.  These
shares will be held in Treasury.

Following this purchase there are now 40,766,427 ordinary shares of 10p in
issue. The Company's total listed shares are 42,011,427 ordinary shares of 10p.

For further information please contact:

David Thorp, ISIS EP LLP:                  0207 506 1100
Rhonda Nicoll, F&C Asset Management plc:   0131 465 1000


                      This information is provided by RNS
            The company news service from the London Stock Exchange