Transaction in Own Shares

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

13 November 2006

Purchase of shares for cancellation

Matrix Income & Growth 4 VCT plc announces that on 13 November 2006 it
purchased for cancellation 105,000 of its Ordinary Shares at a price of 90.75
pence per share.

Following this purchase the Company now has 8,469,337 Ordinary Shares in issue.