Offers for Subscription

NORTHERN 2 VCT PLC 15 July 1999 TAKE-UP IN OFFERS FOR SUBSCRIPTION Northern 2 VCT PLC announces that by 12.00 noon on Wednesday 14 July 1999, valid applications had been received under the Offers for a total of 20,789,000 ordinary shares at a subscription price of 100p per share. Both the 1998/99 Offer and the 1999/2000 Offer have now closed. Enquiries: Christopher Mellor, Northern 2 VCT PLC 0191-232 7068 Neil Baldwin, Bell Lawrie Wise Speke 0161-839 4222
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