Net Asset Value(s)

Baronsmead VCT 2 PLC
11 September 2006

To:            RNS

Date:          11 September 2006

Company:       Baronsmead VCT 2 plc

Subject:       Net Asset Value of Ordinary Shares and C Shares at 31 August 2006


The Board of Baronsmead VCT 2 plc announces that the net asset value of the
Ordinary Shares at 31 August 2006 was 113.96p per share, based on the quoted
investments being valued at bid.

The Board of Baronsmead VCT 2 plc announces that the net asset value of the C
Shares at 31 August 2006 was 106.12p per share, based on the quoted investments
being valued at bid.

For further information contact:

David Thorp, ISIS EP LLP:                            0207 506 1609
Rhonda Nicoll, F&C Asset Management plc:             0131 465 1074




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