RNS Number : 6196J
  Northern 2 VCT PLC
  05 December 2008
   
    5 December 2008

    NORTHERN 2 VCT PLC ("The Company")

    Directors'Shareholdings

    Further to the Issue of Shares announcement released earlier today, of the 151,931 ordinary shares allotted today under the terms of the
Company's Dividend Investment Scheme, 5,295 ordinary shares were allotted to Mr A M Conn, a director of the Company at a price of 74.7p per
share. As a result of this allotment, Mr Conn currently has a beneficial interest in 203,098 ordinary shares of 5p each in the Company
representing 0.36% per cent of the enlarged issued share capital.

    In addition, 1,783 ordinary shares were allotted to Mr F L G Neale, a director of the Company at a price of 74.7p per share. As a result
of this allotment, Mr Neale currently has a beneficial interest in 68,377 ordinary shares of 5p each in the Company representing 0.12% per
cent of the enlarged issued share capital.

    Enquiries:

    Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191 244 6000

    Website:  www.nvm.co.uk

    END


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