RNS Number:8364M
Pennine AIM VCT II PLC
26 June 2003


PENNINE AIM VCT II plc
26th June 2003


The Directors of Pennine AIM VCT II plc (the "Company") announce that 23,000
ordinary shares of 10p representing 0.54% of the issued share capital of the
Company, were purchased today at a price of 40 pence per share for cancellation.

Following this transaction, the issued share capital of the Company is now
4,232,200 shares.


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