Transaction in Own Shares

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

31 October 2007

Purchase of shares for cancellation

Matrix Income & Growth 4 VCT plc announces that on 31 October 2007 it purchased
for cancellation 82,850 of its Ordinary Shares at a price of 100.249 pence per
share.

Following this purchase the Company now has 20,588,091 Ordinary Shares in
issue.