Transaction in Own Shares

Octopus Second AIM VCT plc ("the Company")

16 February 2011

Purchase of own securities and total voting rights

Octopus Second AIM VCT plc announces that on 16 February 2011 the Company
purchased for cancellation 147,142 Ordinary shares at a price of 65.5p per
share.

Following this transaction, the issued share capital of the Company now consists
of 37,138,917 Ordinary shares with a nominal value of 0.01p each, with voting
rights. The Company holds no shares in Treasury.

For further enquiries, please contact:

Celia Whitten,
Company Secretary
Tel:  020 7710 2849






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Source: Octopus Second AIM VCT plc via Thomson Reuters ONE

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