RNS Number:2678M
Murray VCT 2 PLC
12 June 2003

                                MURRAY VCT 2 PLC

The Directors of Murray VCT 2 PLC stated in the announcement of the Company's
preliminary results for the year ended 28 February 2003 that the gain arising
from the realisation of the investment in Palgrave Brown (Holdings) Limited
would be distributed to Shareholders once clearance had been received from the
Inland Revenue.

Inland Revenue clearance has now been received for this distribution and the
Directors are pleased to announce that a distribution of 4.76p per Ordinary
share, will be paid on 18 July 2003 to those shareholders on the register on 20
June 2003.


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