Offer for subscription closed

Matrix Income & Growth 4 VCT plc ("the Company")

6 April 2010

Offer for subscription closed

The Board of Matrix Income & Growth 4 VCT plc is pleased to announce that the
Offer for Subscription of up to 1,995,757 new ordinary shares, subject to a
maximum of £2.18 million of funds raised has now closed. The Company has raised
approximately £1.64 m through the issue of 1,483,901 Ordinary Shares being
subscribed in full at 112.4 pence per share under the Offer.

Contact details for further queries:

For further information please contact:
Robert Brittain at Matrix-Securities Limited, Company Secretary, on 020 3206
7000.