Offer for Subscription

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

27 January 2010

Offer for Subscription of up to 1,995,757 new ordinary shares, subject to a
maximum of £2.18 million of funds raised

The Company has launched an Offer for Subscription of up to 1,995,757 new
ordinary shares, subject to a maximum of £2.18 million of funds raised.

The Offer is now open and will close on 31 March 2010 (or earlier, if fully
subscribed).

For further information on the Offer, or to obtain a copy of the Offer document
including an application form, please contact:

Jeff Cornish

Portunus Investment Solutions Limited

Tel: [phone]

A PDF of the Offer document is also available on the Company's website:

www.mig4vct.co.uk

For further information please contact:

Sarah Penfold at Matrix-Securities Limited, the Company Secretary on 020 3206 7000.