RNS Number:1142P
Pennine AIM VCT II PLC
28 August 2003

PENNINE AIM VCT II plc

27th August 2003



The Directors of Pennine AIM VCT II plc (the "Company") announce that 15,000
ordinary shares of 10p representing 0.35% of the issued share capital of the
Company, were purchased today at a price of 43.58 pence per share for
cancellation.

Following this transaction, the issued share capital of the Company is now
4,217,200 shares.


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