THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR
IN PART, IN, INTO OR FROM THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR
JAPAN OR ANY JURISDICTION WHERE TO DO THE SAME WOULD CONSTITUTE A VIOLATION OF
THE RELEVANT LAWS OF SUCH JURISDICTION

For immediate release

12 November 2008

SPARK VCT 2 plc

("Company" or "SVC2")

Result of General Meeting

On 13 October 2008 the Company announced the formal agreement of the terms and
conditions of a merger with SPARK VCT 3 plc (the "Merger") to be effected by
way of a scheme of arrangement pursuant to Part 26 of the Companies Act 2006
(the "Scheme").

The Directors of the Company are pleased to announce that the ordinary
resolution proposed at the general meeting of the Company ("General Meeting")
to approve the Merger was duly passed on a show of hands of the shareholders
present.

A copy of the resolution passed at the General Meeting has been submitted to
the Financial Services Authority ("FSA") and will shortly be available for
inspection by the public during normal business hours on any weekday (except
public holidays) at the FSA's Document Viewing Facility which is situated at:
Financial Services Authority, 25 The North Colonnade, Canary Wharf, London E14
5HS.

The Court hearing to sanction the Scheme and confirm the reduction of capital
is scheduled for 26 November 2008 and it is expected that the effective date of
the Merger will be 27 November 2008.

The implementation of the Scheme remains conditional on the satisfaction or
waiver of the remaining Conditions, including the sanction of the Scheme and
the confirmation of the reduction of capital by the Court.

Terms used in this announcement bear the meanings ascribed to them in the SVC2
circular dated 13 October 2008 unless the context otherwise requires.

Enquiries:

SPARK VCT 2 plc +44 (0) 20 7851 7777

Nghi Tran, Company Secretary

Noble & Company Limited (financial adviser to SPARK VCT 2 plc) +44(0) 20 7763
2200

John Riddell/Alastair Maclachlan



END



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