RNS Number:0142M
Electra Kingsway VCT 2 PLC
06 May 2005


     Electra Kingsway VCT 2 Plc ("Electra Kingsway VCT 2" or "the Company")
            Offer for subscription of Ordinary Shares ("the Offer")


06 May 2005

The Directors of Electra Kingsway VCT 2 are pleased to announce the further
allotment of 3,154,986 ordinary shares of 1 pence each pursuant to the Offer for
Subscription which was announced on 7 October 2004. The Offer Price at which the
Ordinary Shares were issued and allotted was #1.00 per ordinary share.

Dealings in the ordinary shares are expected to commence on Monday 9 May 2005
and definitive documents of title are expected to be dispatched within 7
business days of allotment.

The Offer is expected to remain open until 27 June 2005.



For further information, please contact:

Nicholas Ross, Electra Kingsway VCT 2 Plc - 020 7306 3985
Tony McGing, Downing Corporate Finance Limited - 020 7233 5848


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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