KIV2 Keydata 2

    Keydata Income VCT 2

Keydata Income VCT 1/2 plc (the "Company") announces that it has published a
Prospectus (comprising a Securities Note, Registration Document and Summary) to
raise up to �20m (the "Offer")

The Offer opened on 15 December 2005 and is expected to close on 5 April 2006
(or an earlier date on which it is fully subscribed). The Offer is for up to
20,000,000 Ordinary Shares of 1 pence each. The Shares will be issued at a price
of �1.

To obtain a copy of the Securities Note private investors and Financial Advisers
should call 020 7710 6900. Downloadable versions of the Securities Note are also
available from www.keydataincomevct.co.uk

A copy of the Prospectus (comprising a Securities Note, Registration Document
and Summary) is available, free of charge, from the Company's registered office
or from:

Keydata Investment Services
One Angel Court
London
EC2R 7HJ


The Prospectus has been submitted to the UKLA, and will shortly be available for
inspection at the UKLA's Document Viewing Facility, which is situated at:

Financial Services Authority
The North Colonnade
Canary Wharf
London E14 5NS


For further information please contact:

Roddi Vaughan-Thomas
Head of Corporate Communications
Keydata Investment Services
020 7710 6900
roddi.vaughan-thomas@keydata.co.uk

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