Amendment to purchase

Northern 2 VCT PLC
22 July 2005


22 July 2005

Northern 2 VCT PLC
Amendment to purchase of own shares

The Company announced on 21 July 2005 that it had purchased for cancellation
under an existing authority granted by shareholders 16,500  ordinary shares of
5p each in the market at a price of 76.3p, representing  approximately 0.04 per
cent of the Company's issued share capital.

The Company has now been informed by its broker that the selling broker 
is unable to deliver the relevant shares as it had intended to sell shares 
in a different venture capital trust but had identified the Company in error.  
As a result the transaction has been cancelled.  Accordingly, there remain 
43,692,697 ordinary shares in issue rather than the 43,676,197 ordinary 
shares as previously stated.

ENDS



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