Issue of Equity

OCTOPUS SECOND AIM VCT PLC (the 'Company')

10 November 2010

Issue of Equity

Octopus  Second AIM  VCT plc  announces that  443,168 Ordinary Shares of £0.0001
each  were issued and allotted  to 18 subscribers at a  price of 71.43 pence per
share  for cash by  a Board Resolution  passed on 10 November 2010. These shares
have  been allotted in  connection with the  offer for subscription announced by
the Company on 9 July 2010.

Application  has been made to the London Stock Exchange for admission of the new
shares. Admission is expected to become effective on or around 12 November 2010.

The issued share capital and total voting rights of the Company is now
36,338,178 Ordinary Shares.

For further information please contact:

Celia Whitten
Company Secretary
020 7710 2849


[HUG#1461230]








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Source: Octopus Second AIM VCT plc via Thomson Reuters ONE