Transaction in Own Shares

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

23 December 2010

Purchase of shares for cancellation

Matrix Income & Growth 4 VCT plc announces that on 22 December 2010 it
purchased for cancellation 36,500 of its Ordinary Shares at a price of 103.5
pence per share.

Following this purchase the Company now has 20,909,678 Ordinary Shares in
issue.