Annual Information Update

Matrix Income & Growth VCT plc

Annual Information Update

7 April 2008

In accordance with Prospectus Rule 5.2, the following information has been
published or made available to the public in the period from 1 January 2007 up
to and including 6 April 2008.

Announcements listed as published on the London Stock Exchange have been
published via a Regulatory Information Service and can be found on 
www.londonstockexchange.com. Copies of documents filed with Companies House can
be obtained from Companies House or, if you are a registered user, through
Companies House Direct at www.direct.companieshouse.gov.uk.

Some of the information referred to below was provided as at a specific date
and may now be out of date.

Date                 Description                        
                                                                               
STOCK EXCHANGE                                                                 
                                                                               
14 March 2007        Final results for the year ended 31 December 2006         
                                                                               
16 April 2007        Annual Information Update for the 12 months up to and     
                     including 31 December 2007                                
                                                                               
27 April 2007        Result of Annual General Meeting - all resolutions passed 
                                                                               
27 April 2007        Net Asset Value as at 31 March 2007                       
                                                                               
9 August 2007        Interim Results for the six months ended 30 June 2007     
                                                                               
30 August 2007       Interim Report for six months ended 30 June 2007 submitted
                     to UKLA Document Viewing Facility                         
                                                                               
30 October 2007      Result of Extraordinary General Meeting - all resolutions 
                     passed                                                    
                                                                               
31 October 2007      Net Asset Value of the Company as at 30 September 2007    
                                                                               
20 November 2007     Purchase of 94,069 Ordinary Shares for cancellation       
                                                                               
30 November 2007     Total Voting Rights in the Company of 22,009,752 Ordinary 
                     Share votes                                               
                                                                               
13 December 2007     Realisation of investment in investee company             
                                                                               
19 December 2007     Revocation of investment company status                   
                                                                               
29 February 2008     Final results for the ended 31 December 2007              
                                                                               
19 March 2008        Purchase of 134,037 Ordinary Shares for cancellation      
                                                                               
1 April 2008         Total Voting Rights in the Company of 21,875,715 Ordinary 
                     Share votes                                               
                                                                               
3 April 2008         Annual Report for year ended 31 December submitted to UKLA
                     Document Viewing Facility                                 
                                                                               
COMPANIES HOUSE                                                                
                                                                               
16 May 2007          Resolutions passed at AGM 27 April 2007                   
                                                                               
16 May 2007          Accounts for the year ended 31 December 2006              
                                                                               
29 May 2007          Form 288c - change of director's particulars              
                                                                               
9 July 2007          Form 363 Annual Return filed for the period up to 15 June 
                     2007                                                      
                                                                               
21 August 2007       Interim Accounts to 30 June 2007                          
                                                                               
5 November 2007      Resolution passed at EGM 30 October 2007                  
                                                                               
5 December 2007      Form 169 purchase of 94,069 Ordinary Shares               
                                                                               
29 December 2007     Form 266(3) - Notice to cease trading as an investment    
                     company                                                   

In accordance with the provisions of Article 27.3 of the Prospectus Directive
Regulation, we confirm that to the best of our knowledge, information relating
to 'Holdings in Company' and 'Directors' Shareholdings' is up to date at the
date of this announcement but it is acknowledged that such disclosures may, at
any time, become out of date, due to changing circumstances.

Copies of information released can be obtained through the Company Secretary at
the Company's Registered Office at One Jermyn Street, London, SW1Y 4UH.