Interim Management Statement
             



Puma VCT II plc (the "Company")

19 November 2008

Interim Management Statement

For the period from 1 September 2008 to 31 October 2008

PERFORMANCE



                          Basic       Diluted
Net Asset value per share 95.78 pence 95.78 pence




NEW INVESTMENTS

The Company has not made any new qualifying investments in the
period.

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

MATERIAL EVENTS

Other than  as  described  above,  the Board  is  not  aware  of  any
significant event  or  transaction  which  has  occurred  between  31
October 2008 and the date  of publication of this Interim  Management
Statement which  would  have  a  material  impact  on  the  financial
position of the Company.

SHARE CAPITAL

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

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This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.



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