Transaction in Own Shares

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

19 February 2007

Purchase of shares for cancellation

Matrix Income & Growth 4 VCT plc announces that on 31 January 2007 it purchased
for cancellation 70,000 of its Ordinary Shares at a price of 89.65 pence per
share.

Following this purchase the Company now has 8,878,253 Ordinary Shares in issue.