Annual Information Update

Baronsmead VCT 2 plc

Annual Information Update

In accordance with Prospectus Rule 5.2 the Company reports upon information
that it has published or made available to the public over the 12 month period
to 15 December 2011.

Company Announcements

The Company has made the following announcements through PR Newswire, its
appointed RIS in the UK.

16 December 2010       Offer for Subscription                               
                                                                            
20 December 2010       Director/PDMR Shareholding                           
                                                                            
20 December 2010       Offer for Subscription uploaded to NSM               
                                                                            
20 December 2010       Correction : Director/PDMR Shareholding              
                                                                            
4 January 2011         Total Voting Rights                                  
                                                                            
11 January 2011        Result of AGM                                        
                                                                            
21 January 2011        Director/PDMR Shareholding                           
                                                                            
1 February 2011        Total Voting Rights                                  
                                                                            
3 February 2011        Directorate Change                                   
                                                                            
17 February 2011       Interim Management Statement                         
                                                                            
4 Mar-2011             Net Asset Value(s)                                   
                                                                            
7 March 2011           Transaction in Own Shares                            
                                                                            
7 March 2011           Total Voting Rights                                  
                                                                            
19 May 2011            Half-yearly Report                                   
                                                                            
19 May 2011            Net Asset Value(s)                                   
                                                                            
27 May 2011            Transaction in Own Shares                            
                                                                            
27 May 2011            Total Voting Rights                                  
                                                                            
1 Jun 2011             Total Voting Rights                                  
                                                                            
6 June 2011            Net Asset Value(s)                                   
                                                                            
23 June 2011           Total Voting Rights                                  
                                                                            
23 June 2011           Transaction in Own Shares                            
                                                                            
24 June 2011           Director/PDMR Shareholding                           
                                                                            
01 July 2011           Total Voting Rights                                  
                                                                            
18 August 2011         Interim Management Statement                         
                                                                            
18 August 2011         Net Asset Value(s)                                   
                                                                            
6 September 2011       Net Asset Value(s)                                   
                                                                            
8 September 2011       Dividend Declaration                                 
                                                                            
29 September 2011      Transaction in Own Shares                            
                                                                            
3 October 2011         Total Voting Rights                                  
                                                                            
4 October 2011         Director/PDMR Shareholding                           
                                                                            
20 October 2011        Intention to Launch a Joint Offer for Subscription   
                                                                            
18 November 2011       Annual Financial Report                              
                                                                            
18 November 2011       Net Asset Value(s)                                   
                                                                            
18 November 2011       Director Declaration                                 
                                                                            
6 December 2011        Net Asset Value(s)                                   

Filing at Companies House

During the period the following documents were filed at Companies House:

Date               Document number    Description                             
                                                                              
24 January 2011    AA                 Accounts made up to 30/03/2011          
                                                                              
24 January 2011    RES 10             Authorised allotment of shares and      
                                      debentures                              
                                                                              
24 January 2011    RES 11             Disapplication of pre-emption rights    
                                                                              
24 January 2011    RES 13             Make market purchases, other company    
                                      business                                
                                                                              
8 February 2011    MG01               Particulars of a mortgage charge/ charge
                                      no: 16                                  
                                                                              
22 February 2011   AP01               Director appointed Ms Christina Margaret
                                      McComb                                  
                                                                              
28 February 2011   AR01               29/01/11 Full list                      
                                                                              
29 March 2011      SH03               Return of purchase of own shares        
                                                                              
26 July 2011       SH03               Return of purchase of own shares        
                                                                              
26 July 2011       SH03               Return of purchase of own shares        
                                                                              
25 October 2011    SH01               Statement of capital                    
                                                                              
28 October 2011    SH03               Return of purchase of own shares        
                                                                              
2 November 2011    OC                 Cancel share premium & capital          
                                      redemption reserve                      
                                                                              
2 November 2011    SH19               Statement of capital                    

Inspection of Documents

The Company has its own website at http://www.baronsmeadvct2.co.uk/ which
contains the following documents:

  * Reports
   
  * Director biographies
   
  * Chairman's Statement
   
  * Financial Highlights
   
  * Performance Summaries
   
  * Prices and Net Asset Values
   
  * Top 10 Investments
   
  * Market Analysis
   
  * Dividends Payment History
   
Copies of certain documents that are required to be lodged at the FSA in
accordance with the Listing Rules, Prospectus Rules and Disclosure Rules are
available for inspection at http://www.hemscott.com/nsm.do

Copies of documents filed at Companies House are available at Registrar of
Companies, Companies House, Crown Way, CARDIFF, CF14 3UZ tel [phone].
They may also be downloaded from its website at
www.direct.companieshouse.gov.uk.

Copies of any of the above items may be obtained free of charge from the office
of the Company Secretary at the registered office address:

ISIS EP LLP

100 Wood Street

London

EC2V 7AN