RNS Number:0342T
Pennine AIM VCT II PLC
09 December 2003


Pennine AIM VCT II plc
9th December 2003

The Directors of Pennine AIM VCT II plc (the "Company") announce that 6,000
ordinary shares of 10p, representing 0. 14% of the issued share capital of the
Company, were purchased on 8th December at a price of 46.2 pence per share for
cancellation.

Following this transaction, the issued share capital of the Company is now
4,191,200 shares.


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