Interim Management Statement

Mobeus Income & Growth 4 VCT plc                        

                                (the "Company")                                

                         INTERIM MANAGEMENT STATEMENT                          

                    For the quarter ended 30 September 2013                    

In accordance with Rule 4.3 of the Disclosure and Transparency Rules of the UK
Listing Authority, Mobeus Income & Growth 4 VCT plc presents an Interim
Management Statement for the quarter ended 30 September 2013. 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 September         30 June
                                                          2013            2013
                                                                              
Net assets attributable to shareholders            £41,002,846     £41,678,922
                                                                              
Shares in issue                                     35,235,641      35,238,721
                                                                              
Net asset value per Ordinary Share                     116.37p         118.28p
                                                                              
Cumulative dividends paid per Ordinary Share            34.20p          32.20p
                                                                              
Total return per share (net asset value                150.57p         150.48p
basis) since inception                                                        

INVESTMENT ACTIVITY

New Investments

In July 2013, the Company invested £1.62 million in Veritek Global Limited, a
Europe-wide provider of installation, maintenance and support services for
blue-chip owners of printing equipment, using £1 million from one of the
Company's acquisition vehicles, Madacombe Trading Limited.

After the period end, Gro-Group Holdings Limited has drawn down £56k as agreed
at the time of the original investment into that company.

Realisations

A total of £1.01 million has been received in loan stock repayments during the
quarter to 30 September 2013 including payments from DiGiCo Global, EMaC, Focus
and Westway. A further £162k was received following the quarter-end including a
payment from Blaze Signs.

INTERIM DIVIDEND

On 20 September 2013, an interim dividend of 2.0 pence per share (comprising
0.75 pence capital and 1.25 pence income) for the year ending 31 December 2013
was paid to Shareholders on the register as at 23 August 2013.

DIVIDEND INVESTMENT SCHEME

The Company issued and allotted 91,711 new ordinary shares in the Company at a
price of 104.75 pence per share on 26 September 2013 under the Company's
Dividend Investment Scheme.

SHARE BUYBACKS

During the period, the Company bought back 94,791 of its ordinary shares for
cancellation at a price of 104.18 pence per share and at a discount of 10.4% to
the net asset value per share prevailing at the date of the buyback.

MOBEUS VCTs - LINKED OFFER FOR SUBSCRIPTION

The Company is intending to launch a linked offer for subscription with Mobeus
Income & Growth VCT plc, Mobeus Income & Growth 2 VCT plc and The Income &
Growth VCT plc later this year.

For further information, please contact:

Elizabeth Birch/Robert Brittain, for Mobeus Equity Partners LLP, Company
Secretary: 020 7024 7600.