Directorate Change

27 July 2010

Matrix Income & Growth 4 VCT plc

Directorate change

The Board of Matrix Income & Growth 4 VCT plc is pleased to announce the
appointment of Andrew Robson as an independent non-executive director of the
Company with effect from 1 August 2010.

Mr Robson is a Chartered Accountant and former investment banker. He currently
works as a Business Adviser to small companies.

He is currently a non-executive director of British Empire Securities and
General Trust PLC (from August 2008), Shires Income Trust PLC (from May 2008),
M&G Equity Investment Trust PLC (from 2007) and, JP Morgan Smaller Companies
Investment Trust PLC (from 2007).

He was a non-executive director of Edinburgh UK Smaller Companies Tracker Trust
PLC from 1998 to 2006.

There are no details in respect of Mr Robson requiring disclosure under
paragraphs 9.6.13 R (2) to (6) of the Listing Rules.