Transaction in Own Shares

AIM VCT2 PLC
14 October 2004


To:       RNS
Date:     14 October 2004
Subject:  AiM VCT2 plc
     

Transaction in Own Securities

The Board of AiM VCT2 plc announces that the Company purchased for cancellation
today 200,000 ordinary shares of 10p at a price of 79.50p.

Following this purchase there are now 42,859,379 ordinary shares of 10p in
issue.



For further information please contact:

Robert Mitchell, F & C Asset Management plc: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