Northern 2 VCT PLC : Result of General Meeting

21 OCTOBER 2011

NORTHERN 2 VCT PLC

RESULT OF GENERAL MEETING

Northern 2 VCT PLC ("the Company") announces that at the general meeting held on
20 October 2011 all of the resolutions set out in the notice of meeting were
duly passed by shareholders.

In accordance with the Disclosure Rules and Transparency Rules, a copy of the
resolution proposed and passed which amended the company's constitution has been
submitted to the National Storage Mechanism and will shortly be available for
inspection at www.Hemscott.com/nsm.do and is also available on the NVM Private
Equity website at: www.nvm.co.uk/n2vctgm2011

Details of proxy voting on the resolutions put to shareholders at the general
meeting are as follows:

+------+-------------------------+---------+-------------+-------+-------------+
|Number|Resolution               |For      |Discretionary|Against|Vote withheld|
+------+-------------------------+---------+-------------+-------+-------------+
|1     |To authorise the Company |9,195,126|235,166      |180,787|50,267       |
|      |to make market purchases |         |             |       |             |
|      |of ordinary shares in    |         |             |       |             |
|      |connection with a tender |         |             |       |             |
|      |offer in accordance with |         |             |       |             |
|      |Section 701 of the       |         |             |       |             |
|      |Companies Act 2006       |         |             |       |             |
+------+-------------------------+---------+-------------+-------+-------------+
|2     |To authorise the         |8,849,557|341,034      |266,123|204,632      |
|      |directors to allot shares|         |             |       |             |
|      |pursuant to Section 551  |         |             |       |             |
|      |of the Companies Act 2006|         |             |       |             |
+------+-------------------------+---------+-------------+-------+-------------+
|3     |To disapply Section 561  |8,688,959|342,504      |321,726|308,157      |
|      |of the Companies Act     |         |             |       |             |
|      |2006 in relation to      |         |             |       |             |
|      |certain allotments of    |         |             |       |             |
|      |equity securities and the|         |             |       |             |
|      |sale of treasury shares  |         |             |       |             |
+------+-------------------------+---------+-------------+-------+-------------+
|4     |To amend the articles of |8,809,353|359,851      |200,139|292,003      |
|      |association              |         |             |       |             |
+------+-------------------------+---------+-------------+-------+-------------+






Enquiries:

Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191 244 6000
Website: www.nvm.co.uk

Neither  the contents of the NVM Private Equity Limited website nor the contents
of  any website  accessible from  hyperlinks on  the NVM  Private Equity Limited
website  (or any  other website)  is incorporated  into, or  forms part of, this
announcement.








This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: Northern 2 VCT PLC via Thomson Reuters ONE

[HUG#1556894]