Replacement - Transaction in Own Shares

Mobeus Income & Growth 2 VCT plc

LEI: 213800LY62XLI1B4VX35

CORRECTION: The share capital of the Company following a transaction in the Company's own shares was erroneously quoted in the announcement released on 17 December 2020 as 73,413,219 Ordinary shares. The correct figure was 73,380,275 Ordinary shares. All other details in the announcement were accurate. The full corrected announcement is as follows:

Transaction in the Company's own shares and Total Voting Rights

Mobeus Income & Growth 2 VCT plc announces that on 16 December 2020 it purchased 89,172 of the Company's own ordinary shares at a price of 75.29 pence per share for cancellation.

Following this transaction, the issued share capital of the Company is now 73,380,275 Ordinary shares with a nominal value of 1 penny each, all with voting rights.

For further information, please contact:

Mobeus Equity Partners LLP,

Company Secretary,

020 7024 7600