Mobeus Income and Growth 2 VCT plc

23rd January 2014

Purchase of shares for cancellation

Mobeus Income and Growth 2 VCT plc announces that on 21 January 2014, it
purchased 350,000 Ordinary Shares at a price of 101 pence per share for
cancellation.

Following this purchase, there are now 24,421,418 Ordinary Shares of 1 penny each in issue.