Net Asset Value(s)

Baronsmead VCT 2 PLC
15 August 2007

To:                   RNS

Date:                 15 August 2007

Company:              Baronsmead VCT 2 plc

Subject:              Net Asset Value at 30 June 2007



The Board of Baronsmead VCT 2 plc announces that the net asset value at 30 June
2007 was 115.88p per share.



The total return of Ordinary Shares of Baronsmead VCT 2 plc (net of all costs)
over one year, three years, five years and since launch are set out below:




                                      1 Year to        3 Years to        5 Years to   Since Launch 02/04/98  to
                                                                                                       30/06/07
                                       30/06/07          30/06/07          30/06/07
Baronsmead VCT 2 plc                     +11.1%            +48.1%            +79.4%                     +109.8%
FTSE All-Share                           +18.4%            +68.2%            +77.5%                      +57.7%



These differentials do not include the benefit of the VCT tax reliefs that apply
to qualifying shareholders.







For further information contact:



David Thorp, ISIS EP LLP:                            0207 506 1609
Rhonda Nicoll, F&C Asset Management plc:             0131 718 1074




                      This information is provided by RNS
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