Directorate Change

Matrix Income & Growth 2 VCT plc (the "Company")

11 January 2007

Appointment of Director

Matrix Income & Growth 2 VCT plc is pleased to announce that it has appointed
Sally Leeson to be a non-executive director of the Company with effect from 1
January 2 007.

Ms Leeson is an experienced venture capitalist with a 15-year track record
across a variety of sectors.

The Board has pleasure in welcoming Ms Leeson as a director and looks forward
to working with her.

For further information please contact:

Sarah Penfold at Matrix-Securities Limited, the Company Secretary on

020 7925 3323.