Issue of Equity - AMENDMENT

Mobeus Income & Growth 4 VCT plc

24 May 2013

Issue of Equity - AMENDMENT

The Company announces that on 17 May 2013 it allotted and issued 242,671 new
Ordinary Shares of 1p each at a price of 101.5 pence per share.

Application has been made for the new Ordinary Shares to be admitted to the
Official List of the UK Listing Authority and dealings are expected to commence
on 24 May 2013.

Following this allotment the issued share capital of the Company is 35,310,365
Ordinary Shares.

These new shares in the Company have been issued subsequent to the Company's
Dividend Re-Investment Scheme.

For further information please contact:

Robert Brittain at Mobeus Equity Partners LLP, Company Secretary, on 020 7024
7612.