Investment Update
February 15 2007 - 9:49AM
UK Regulatory
Keydata Income VCT 2
KEYDATA INCOME VCT 2 PLC
Investment Update
Following our interim results announced on 29 November 2006, we would like to
provide a further update on our investment plans.
As reported at that time we were also examining other investment opportunities
in the renewable energy sector. More specifically we have been actively
negotiating a number of investments in the biomass renewable energy sector which
have necessitated extensive commercial discussions and technical due diligence.
These discussions are progressing well and, if fully successful, should result
in the Company meeting its VCT requirement to be 70% invested within 3 years.
Furthermore, we believe that these planned investments will deliver the VCT's
target annual dividend of 5p per share and, in certain circumstances, offer the
opportunity for higher returns.
Whilst the investment process has taken longer than we expected, we are now
making good progress and anticipate making a further announcement shortly.
15 February 2007
For further information please contact:
Stephen Oxenbridge
Chairman
Keydata Income VCT 2 plc
020 7710 6905
Craig McNeil
Company Secretary
Keydata Income VCT 2 plc
0141 572 2300
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