Transaction in Own Shares

Octopus Second AIM VCT plc ("the Company")

4 March 2011

Purchase of own securities and total voting rights

Octopus Second AIM VCT plc announces that on 4 March 2011 the Company purchased
for cancellation 154,036 Ordinary shares at a price of 64.75p per share.

Following this transaction, the issued share capital of the Company now consists
of 36,984,881 Ordinary shares with a nominal value of 0.01p each, with voting
rights. The Company holds no shares in Treasury.

For further enquiries, please contact:

Celia Whitten,
Company Secretary
Tel:  020 7710 2849






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Source: Octopus Second AIM VCT plc via Thomson Reuters ONE

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