Intention to Launch an Offer for Subscription

Baronsmead VCT 2 plc Announcement of Intention to Launch an Offer for Subscription The Directors of Baronsmead VCT 2 plc ("the Company") are pleased to announcethat the Company intends to launch an offer for subscription ("the Offer"). Thecurrent intention is to raise up to £10 million (before issue costs). The funds raised by the Company pursuant to its Offer will be added to theliquid resources available for investment so as to put the Company into aposition to take advantage of attractive investment opportunities over the nexttwo to three years. The Offer will be open to new investors as well as existing shareholders. Fulldetails of the Offer will be contained in a prospectus that is expected to bepublished early in 2014. For further information, please contact: Michael Probin - VCT Investor Relations DirectorISIS EP LLPTelephone: 020 7506 5796