Net Asset Value(s)
             



Puma VCT II plc
2 October 2008

Puma VCT II plc ("the Company")

As at the  close of  business on 31  August 2008,  the estimated  Net
Asset Value per ordinary share ("NAV  per share") of the Company  was
101.50p.  This represents a gain of 0.1 per cent on the NAV per share
since 31 July  2008. The estimated  fully diluted NAV  per share  was
100.72p.

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