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Octopus VCT 2 PLC (OVC2)


Thursday 02 June, 2011

Octopus VCT 2 PLC

Interim Management Statement

Octopus VCT 2 PLC
Interim Management Statement

2 June 2011

In accordance with Rule 4.3 of the UK Listing Authority's Disclosure and
Transparency rules, Octopus VCT 2 plc (the "Fund") presents an Interim
Management Statement for the period 1 February 2011 to 31 May 2011.

Financial Summary

|                                   | As at 31 May 2011 |
| Net assets (£'000s)               |            17,286 |
| Net asset value per share ("NAV") |             94.5p |

Investment performance and activity
This   is  the  first  Interim  Management  Statement  of  the  Fund  since  its
incorporation  in January 2011.  During that time  the Fund has been raising new
funds  and as at 31 May 2011 had raised gross proceeds of £18.2 million.  At 31
May 2011 the NAV of the Fund was 94.5p.

In terms of investment activity, the Fund has so far invested a total of £9.1
million in 18 solar power companies. All these investments are presently valued
at cost.  Further details will be provided in the Fund's first interim report
due for publication in August 2011.

For further information please contact:
Stuart Nicol - Fund Manager
Octopus Investments Limited - 0800 316 2347


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(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
Source: Octopus VCT 2 PLC via Thomson Reuters ONE



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