Purchase of Own Securities

AIM VCT2 PLC
1 March 2002

TO: LONDON STOCK EXCHANGE, COMPANY ANNOUNCEMENTS

FROM:          AiM VCT2 plc

DATE:          1 March 2002

SUBJECT:       AiM VCT2 plc


PURCHASE OF OWN SECURITIES

The Board of AiM VCT2 plc announces that the Company purchased for cancellation
today 9,000 ordinary shares of 10p at a price of 86p.

Following this purchase there are now 41,671,961 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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