Foresight 2 VCT PLC
18 October 2007


                   Foresight Group completes exit from Covion

             - Realisation generates 4.4 times Return on Investment


Sevenoaks, UK, 18 October 2007 - Foresight Group ("Foresight"), manager of the
Foresight VCTs, announces today that it has successfully exited its investment
in Covion, the Facilities Infrastructure Service ('FIS') solutions provider,
having generated a 4.4 times return on its original #2.5 million investment.


Foresight's shareholding, which was held by Foresight VCT, Foresight 2 VCT,
Foresight 3 VCT and Foresight 4 VCT , has been acquired  by Balfour Beatty Group
Limited in a #33 million acquisition  of the Covion business.


This marks the fourth major exit this year for Foresight, following the
realisation of its investments in Oasis Healthcare and Bond International
Software and a partial realisation of its investment in SmartFOCUS. Together
these four exits have generated over #24 million in cash.


Donald Maclennan, Partner at Foresight, said:


"Since we made our original investment just over two  years ago, Covion's
business has prospered, attracting several new high profile customers such as
Britvic's UK  estate, Domestic & General, Archant and Tate & Lyle and
significantly increasing turnover.


"As our fourth exit this year, Covion is testament to our highly successful MBO
strategy and we have been actively involved in creating value in each of the
companies in which we have invested.  Covion is a great example of a private
equity success story and has generated substantial returns for Foresight."


Foresight 3 VCT and Foresight 4 VCT, which have been under Foresight's
management since August 2004, have seen their respective Net Asset Value Total
Returns increase from 90.3p to 107.2p and 91.2p to 111.0p per share since then.
Both funds have resumed dividend payments.  In the year to December 2006, VCT 3
and VCT 4 paid dividends of 2.5p and 2.0p per share respectively.


For further information, please contact:


Donald Maclennan, Foresight Group

+44 (0)1732 471800

dmaclennan@foresightgroup.eu

Annabel O'Connor / Olivia Tomlin, Capital MS&L

+44 (0)20 7307 5330

annabel.oconnor@capitalmsl.com / olivia.tomlin@capitalmsl.com


Notes to editors:



Foresight Group is a leading growth investor with a 20 year track record and has
approximately #135 million under management. The firm's first institutional fund
returned over #4.00 for every pound invested. Foresight Group is also the
manager of the UK's best performing venture capital trust.  For more
information, visit www.foresightgroup.eu





                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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