Disposal of investment in Iglu.com Holidays Lim...

Matrix Income & Growth VCT plc

7 June 2012

Realisation of investment in Iglu.com Holidays Limited

The Board of Matrix Income & Growth VCT plc is pleased to announce that the
Company has realised its investment in Iglu.com Holidays Limited through a sale
to Growth Capital Partners for cash proceeds of £2,069,017. This realisation
contributed to total cash proceeds of £ 3,584,573 to the Company over the life
of the investment, representing a 2.5 times return on the Company's original
investment of £1,421,750. This transaction in isolation has no material impact
on the NAV per share at 31 March 2012 of 96.48 pence announced on 14 May 2012.

Iglu.com is the UK's largest specialist online ski holiday, and a fast growing
cruise holiday, travel agent.

For further information, please contact:

Robert Brittain, for Matrix Private Equity Partners LLP, Company Secretary 020
3206 7000.