Interim Management Statement

Matrix Income & Growth 4 VCT plc (the Company)

                         INTERIM MANAGEMENT STATEMENT                          

                      For the quarter ended 30 April 2009                      

In accordance with Rule 4.3 of the Disclosure and Transparency Rules of the UK
Listing Authority, Matrix Income & Growth 4 VCT plc presents an Interim
Management Statement for the quarter ended 30 April 2009. The statement also
includes relevant financial information between the end of the period and the
date of this statement.

NET ASSET VALUE AND TOTAL RETURN PER SHARE

                                                 30 April 2009  31 January 2009
                                                                               
Net assets attributable to shareholders             21,082,221       21,035,698
                                                                               
Shares in issue                                     20,050,800       20,107,800
                                                                               
Net asset value per Ordinary Share                       105.1          104.6 p
                                                                               
Cumulative dividends paid per Ordinary Share            13.7 p           13.7 p
                                                                               
Total return per share (net asset value basis)         118.8 p          118.3 p
since inception                                                                

SHARE BUY-BACKS

On 27 April 2009, the Company bought back 57,000 of the Company's own Ordinary
Shares at a price of 83.68 pence per share.

NEW INVESTMENTS AND DIVESTMENTS

The Company made no new investments or divestments during the quarter.

PAYMENT OF FINAL DIVIDEND

At the Company's Annual General Meeting on 21 May 2009, shareholders approved
the payment of a final dividend for the year ended 31 January 2009 of 1 penny
per Ordinary Share, to be paid on 10 June 2009. This dividend payment will
bring cumulative dividends paid to 14.7 pence per Ordinary Share

For further information, please contact:

Sarah Penfold, for Matrix-Securities Limited, Company Secretary: 020 3206 7000