Directors' Notification of Dealing in Shares

Oxford Technology 2 VCT PLC
26 April 2000

                OXFORD TECHNOLOGY 2 VENTURE CAPITAL TRUST plc (Oxford
                    Technology 2 or the Company)
                    
                    
               Directors Shareholdings in Oxford Technology 2
Following  the  completion of the offer of 6,000,000 ordinary shares  of  10p
each, the Directors of the Company are interested in the following shares:

                                   No. of Ordinary     Percentage of
                                    Shares issued      Ordinary share
                                                          capital
J.B.H Jackson                                40,000         0.67%
C.J Breese                                   25,000         0.42%
J.L.A Cary                                   25,000         0.42%
M.R.H.J O'Regan                              200,000        3.33%
Sir Martin Wood                              100,000        1.67%

                                             390,000        6.5%


The above interests are all beneficial.


Contact:

Lucius  Cary    Oxford Technology 2 Venture Capital Trust plc  01865 784466

Roland Cornish Beaumont Cornish Limited                020 7628 3396