Director/PDMR Shareholding

Matrix Income & Growth VCT plc

5 April 2011

Notification of Transactions of Directors/Persons Discharging Managerial
Responsibility

The Company announces that the following Director was allotted and issued the
numbers of ordinary shares shown below at a deemed issue price of 102.3 pence
per share:

 

Director        Ordinary s   Percentage of Total n         Percentage of     
                hares        issued share  otifiable       issued share      
                allotted     capital       holding         capital and total 
                             acquired      following the   voting rights     
                                           transaction     following the     
                                                           transaction       
                                                                             
Bridget Guerin  3,437        0.0080%       24,211          0.0561%           

This notification relates to a transaction notified in accordance with
Disclosure and Transparency Rule 3.1.4(1).

For further information please contact:

Sarah Penfold at Matrix Private Equity Partners LLP, Company Secretary, on 020
3206 7000.