OCTOPUS ECLIPSE VCT 2 PLC (the 'Company')

20 October 2009

NAV and Issue of Equity

Octopus Eclipse VCT 2 plc announces that as at 30 September 2009 the
unaudited net asset value per Ordinary Shares was 73.3p.

Furthermore, Octopus Eclipse VCT 2 plc announces that at a board
meeting held on 19 October 2009, 451,180 Ordinary Shares of 10 pence
each were issued and allotted to 23 subscribers at a price of 77.6
pence per share for cash.

Application for the new shares to be admitted to the Official List of
the UK Listing Authority and to trading on the London Stock
Exchange's market for listed securities will be made at the earliest
practical opportunity.

The issued share capital and total voting rights of the Company is
now 19,181,565 Ordinary Shares.

For further information please contact:

Celia Whitten - Company Secretary

Octopus Eclipse VCT 2 plc

8 Angel Court

London

EC2R 7HP

020 7710 2849

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