RNS Number:1224J
Northern 2 VCT PLC
24 March 2003

NORTHERN 2 VCT PLC (The "Company")

PURCHASE OF OWN SHARES

The Company announces that on 24 March 2003 it purchased for cancellation under
an existing authority granted by shareholders 30,000 ordinary shares of 5p each
in the market at a price of 73p, representing approximately 0.07 per cent of the
company's issued share capital.  There remain 45,036,705 ordinary shares in
issue.

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