n23c2_050708.htm
 
 
Securities and Exchange Commission
Washington, DC 20549
Rule 23c-2 Notice of Intention to
Redeem Securities
 
of
 
Nuveen Multi-Strategy Income and Growth Fund 2
333 West Wacker Drive
Chicago, Illinois  60606
 
under the
 
Investment Company Act of 1940
Securities Act File No. 333-105859
Investment Company Act File No. 811-21333
 
The undersigned registered closed-end investment company hereby notifies the Securities and Exchange Commission that it intends to redeem securities of which it is the issuer, as set forth below in accordance with the requirements of Rule 23c-2 under the Investment Company Act of 1940 (the “Act”), and states that it is filing this notice with the Commission pursuant to permission granted by the Commission staff fewer than 30 days prior to the date set for the redemption.
 
 
(1)
Title of the class of securities of Nuveen Multi-Strategy Income and Growth Fund 2 (the “Fund”) to be redeemed:
 
FundPreferred Shares, Liquidation Preference $25,000 per share, Series M (CUSIP #67073D201), Series M2 (CUSIP #67073D300), Series T (CUSIP #67073D409), Series T2 (CUSIP #67073D508), Series W (CUSIP #67073D607), Series W2 (CUSIP #67073D706), Series TH (CUSIP #67073D805), Series TH2 (CUSIP #67073D888), Series F (CUSIP #67073D870) and Series F2 (CUSIP #67073D862) (the “FundPreferred Shares”).
 
 
(2)
Date on which the securities are to be called or redeemed:
 
Series
Date
M
June 3, 2008
M2
June 3, 2008
T
June 4, 2008
T2
June 4, 2008
W
May 29, 2008
W2
May 29, 2008
TH
May 30, 2008
TH2
May 30, 2008
F
June 2, 2008
F2
June 2, 2008
 
 
 
 
(3)
Applicable provisions of the governing instrument pursuant to which the securities are to be redeemed:
 
The FundPreferred Shares are to be redeemed pursuant to Section 3(a)(i) of the Statement Establishing and Fixing the Rights and Preferences of FundPreferred Shares of the Fund.
 
 
(4)
The number of shares to be redeemed and the basis upon which the shares to be redeemed are to be selected:
 
The Fund intends to redeem, by lot (as determined by The Depository Trust Company), the number of outstanding FundPreferred Shares set forth below:
 
Series
Number of Shares
M
960
M2
960
T
960
T2
960
W
960
W2
960
TH
960
TH2
960
F
960
F2
960

 
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SIGNATURE
 
Pursuant to the requirement of Rule 23c-2 under the Investment Company Act of 1940, the Fund has duly caused this Notice of Intention to Redeem Securities to be signed on its behalf by the undersigned on this 13th day of May, 2008.
 
  NUVEEN MULTI-STRATEGY INCOME AND GROWTH FUND 2  
       
 
By:
/s/ Mark L. Winget  
    Name:  Mark L. Winget  
    Title:  Vice President and Assistant Secretary