Transaction in Own Shares

Baronsmead VCT 2 PLC
11 January 2005





To:                   RNS

Date:               11 January 2005

From:              Baronsmead VCT 2 plc



TRANSACTION IN OWN SECURITIES



The Board of Baronsmead VCT 2 plc announces that on 11 January 2005 the Company
purchased for cancellation 75,000 ordinary shares of 10p at a price of 94.25p
per share.


Following this purchase there are now 41,878,426 ordinary shares of 10p in
issue.




For further information please contact:


Robert Coulter, F&C Asset Management plc:      0131 465 1000




                      This information is provided by RNS
            The company news service from the London Stock Exchange