Amati VCT 2 plc (the 'Company')

 Allotment of shares

The Company announces that on 17 July 2012 it allotted 24,076 ordinary shares of 5p each (the 'Shares') at a price of 103.78p to certain ordinary shareholders under the Company's dividend reinvestment scheme.

Application for the admission of the Shares to the Official List will be made and it is expected that admission will be on or around 23 July 2012. The Shares will rank pari passu with the existing ordinary shares in issue.

The terms and conditions of the dividend reinvestment scheme of the Company are available from the contact details set out below.

The Company also announces that following this allotment the total shares in issue are now 27,736,452.

For further information please contact Doreen Nic on 0131 243 7215 or email

vct-enquiries@amatiglobal.com.