RNS Number:0780S
Pennine AIM VCT II PLC
14 November 2003

Pennine AIM VCT II plc

14th November 2003



The Directors of Pennine AIM VCT II plc (the "Company") announce that 20,000
ordinary shares of 10p, representing 0. 47% of the issued share capital of the
Company, were purchased on 13th November at a price of 45 pence per share for
cancellation.



Following this transaction, the issued share capital of the Company is now
4,197,200 shares.


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