Transaction in Own Shares

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

28 July 2008

Purchase of shares for cancellation

Matrix Income & Growth 4 VCT plc announces that on 25 July 2008 it purchased
for cancellation 35,000 of its Ordinary Shares at a price of 103.077 pence per
share.

Following this purchase the Company now has 20,317,925 Ordinary Shares in
issue.