Directorate Change

The Board of Baronsmead VCT 2 is pleased to announce that Howard Goldring has
been appointed as a Director of the Company with effect from 11 November 2009.

Howard is Chairman of Delmore Asset Management Limited, an FSA regulated
company, which manages investment portfolios and specialises in global asset
allocation advice. He was previously director for Global Strategy at Allied
Dunbar Asset Management (now Threadneedle Asset Management).

Previously Howard was Allied Dunbar's lead UK equity director, managing the UK
pension equity fund valued at over £2 billion and heading a team of UK fund
managers

Howard was retained as a consultant for global strategy by Allied Dunbar for
three years after he left to set up Delmore. He later served as a non-executive
director of Liverpool Victoria Asset Management Limited from 1997 to 2003. He is
also a non-executive director of London & Associated Properties plc.

Clive Parritt, Chairman of Baronsmead VCT plc, commented:

"Howard brings a wealth of experience working in financial services and this
appointment further strengthens the Board."

No additional details need to be disclosed in respect of paragraphs 9.6.13(1)
to (6) of the Financial Services Authority Listing Rules.

For further information:

Paul Forster, Company Secretary, Baronsmead VCT 2 plc Tel: [phone]