RNS Number:7460U
Pennine AIM VCT II PLC
28 January 2004


Pennine AIM VCT II plc

28th January 2004


The Directors of Pennine AIM VCT II plc (the "Company") announce that 14,000
ordinary shares of 10p, representing 0. 33% of the issued share capital of the
Company, were purchased on 27th January at a price of 47.2 pence per share for
cancellation.

Following this transaction, the issued share capital of the Company is now
4,177,200 shares.


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