Offer for Subscription

AIM VCT2 PLC
30 November 2004

To:                   Company Announcements

Date:                 30 November 2004

Company:              AiM VCT2 plc

Subject:              Issue of Equity

AVS No:





Offer for Subscription



The Board of AiM VCT2 plc is pleased to announce that pursuant to an Offer for
Subscription, a further 65,700 ordinary shares have been issued today at a price
of 96p.  Trading in these additional shares is expected to commence on 1
December 2004 at 8.00am.



The total number of shares in issue is now 43,390,309.



This offer is now closed.


For further information please contact:

Robert Mitchell, F&C Asset Management plc:          0207 506 1100

Rhonda Nicoll, F&C Asset Management plc:            0131 465 1074






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