Doc re. Annual Report for year to 31 December 2009

BRITISH SMALLER TECHNOLOGY COMPANIES VCT 2 PLC

("the Company")

ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2009

The Company has today issued to Shareholders its Annual Report and Accounts for the year ended 31 December 2009 ("Annual Report and Accounts").

Copies of the Annual Report and Accounts have been forwarded to the FSA for publication through the document viewing facility in accordance with LR 9.6.1.

Copies of the Annual Report and Accounts can be obtained from the Company Secretary at the Company's Registered Office address: Saint Martins House, 210-212 Chapeltown Road, Leeds, LS7 4HZ.

The Annual Report and Accounts are also available at www.yfmprivateequity.co.uk.

For further information, please contact:

David Hall YFM Private Equity Limited Tel: 0161 832 7603

Jeff Keating Singer Capital Markets Tel: 0203 205 7500