Purchase of Own Securities

AIM VCT2 PLC
4 February 2002

TO: LONDON STOCK EXCHANGE, COMPANY ANNOUNCEMENTS



DATE:           4 February 2002

SUBJECT:        AiM VCT2 plc

PURCHASE OF OWN SECURITIES

The Board of AiM VCT2 plc announces that the Company purchased for cancellation
5,000 ordinary shares of 10p at a price of 90p.

Following this purchase there are now 41,717,333 ordinary shares of 10p in
issue.


                     For further information please contact:

                     Robert Mitchell, Friends Ivory & Sime plc:    0207 506 1100

                     Rhonda Nicoll, Friends Ivory & Sime plc:      0131 465 1000


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