Transaction in Own Shares

Octopus Second AIM VCT plc ("the Company")

12 November 2010

Purchase of own securities
Octopus Second AIM VCT plc announces that on 12 November 2010 the Company
purchased for cancellation 93,890 Ordinary shares at a price of 60.5p per share.

Following this transaction, the issued share capital of the Company now consists
of 36,244,288 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


[HUG#1462300]








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Source: Octopus Second AIM VCT plc via Thomson Reuters ONE