Payment of Dividend (amended)

British Smaller Companies VCT2 plc (the "Company")

Payment of Interim Dividend

The Company announces that on 12 May 2020 it paid a cash interim dividend of 2.0 pence per ordinary share for the year ending 31 December 2020 to shareholders on the register of members of the Company as at the record date of 14 April 2020 (not 24 April 2020 as announced earlier today).

For further information please contact:

David Hall                          YFM Private Equity Limited                        Tel:  0113 244 1000

Alex Collins                        Panmure Gordon (UK) Limited                  Tel:  0207 866 2767