PMV Puma Vct Ii

    Interim Management Statement
             



Puma VCT II plc (the "Company")

19 May 2008

Interim Management Statement

For the quarter ended 31 March 2008

PERFORMANCE


                                         Basic       Diluted
Net asset value per share 104.37 pence            103.31 pence



DIVIDENDS

No dividends were paid during the period. When the Company issued
preliminary results a final dividend of 1.5 pence per Ordinary Share
was proposed to be approved at the Annual General Meeting on 27 June
2008.

NEW INVESTMENTS

The Company has completed three new qualifying investments in the
period totalling �794,000.

The Company has achieved the HM Revenue & Customs requirement to be
at least 70% invested in qualifying holdings by 29 February 2008.

SHARE CAPITAL

The Company has not issued or bought back any shares during the
period.

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