Transaction in Own Shares

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

2 May 2008

Purchase of shares for cancellation

Matrix Income & Growth 4 VCT plc announces that on 2 May 2008 it purchased for
cancellation 111,274 of its Ordinary Shares at a price of 105.669 pence per
share.

Following this purchase the Company now has 20,387,925 Ordinary Shares in
issue.