Issue of Equity

Aberdeen Grwth Opp VCT2 PLC
02 June 2005

ABERDEEN GROWTH OPPORTUNITIES VCT 2 PLC

2 June 2005



            Aberdeen Growth Opportunities VCT 2 PLC ("the Company")



       Closing of Offer for subscription of ordinary shares ("the Offer")



The Directors of Aberdeen Growth Opportunities VCT 2 PLC announce that the Offer
for subscription closed at 12 noon on Monday 30 May 2005. Applications have been
received under the Offer for 2004/5 and 2005/6 totalling 7,730,549 Ordinary
Shares at 10p per share.



The Directors of Aberdeen Growth Opportunities VCT 2 PLC are pleased to announce
the unconditional allotment and issue of 655,937 ordinary shares of 10 pence
each on 31 May 2005.  It is expected that Admission of the new ordinary shares
will take place and dealings will commence on 8.00 a.m. on 3 June 2005 and
definitive documents of title are expected to be dispatched by 14 June 2005.
Following the issue on 31 May 2005, the Company has 7,730,549 ordinary shares in
issue. The Offer Price at which the ordinary shares were allotted and issued was
£1.00 per ordinary share.



Under the terms of the Prospectus, the Directors have the power to allot further
equity securities having a nominal value not exceeding 10% of the issued
Ordinary Share capital of the Company immediately following the issue of
Ordinary Shares pursuant to the Offer of Subscription.



All terms used in this announcement are as defined in the Company's Prospectus
dated 4 October 2004.




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