Net Asset Value(s)

Aberdeen Grwth Opp VCT2 PLC
08 November 2006

                    ABERDEEN GROWTH OPPORTUNITIES VCT 2 PLC

                              Portfolio Update




The Directors are pleased to announce that, following gains made on the
realisations of investments in Travel Class, Vibration Technology and Bond
Aviation Solutions, Aberdeen Growth Opportunities VCT 2 has now made its fourth
realisation resulting in a significant gain.



On 7 November 2006 Styles & Wood Holdings PLC listed on the London Stock
Exchange. As part of the flotation process the Company realised its investment
in Styles and Wood Holdings Limited for proceeds of £801,809, which represent an
increase of £601,809 over the Company's previous valuation of the investment,
and over the cost of the investment.



On 13 October 2006 the Company sold its investment in Vibration Technology for
proceeds of £339,196, an increase of £189,194 on the Company's previous
valuation and on the cost of the investment. On 17 October 2006, the Company
sold its investment in Bond Aviation Solutions Limited for proceeds of £422,799,
an increase of £72,802 on the Company's previous valuation of the investment,
representing a gain of £172,800 on the cost of investment.



When taken together with other less significant movements in the valuation of
the rest of the portfolio, the effect is to increase the unaudited Net Asset
Value from 100.6p per share at 30 June 2006 to 106.9p per share at 31 October
2006. Since the valuation at 30 June 2006 the Net Asset Value per share has
increased by 6.3%.



Issued on behalf of the Board

Aberdeen Asset Management PLC, Secretary

8 November 2006




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