Issue of Equity

Mobeus Income & Growth VCT plc

2 August 2012

Amendment to issue of equity

The Company announced on 10 July 2012 that it had allotted and issued 373,146
new Ordinary Shares of 1p each at a price of 102.1 pence per share under the
linked offer for subscription with Mobeus Income & Growth 4 VCT plc (formerly
(Matrix Income & Growth 4 VCT plc) and The Income & Growth VCT plc to raise up
to £21 million, launched on 20 January 2012 ("the Offer").

The Company has recently been informed that the Offer price of 102.1 pence per
share above was incorrect, as a result of which too few shares were allotted on
10 July 2012. The correct Offer price should have been 95.5 pence per share, to
accord with the pricing formula in the Prospectus for the Offer.

To correct this under-allotment, a further 25,812 shares have been allotted
today, in accordance with the terms of the Offer contained in the Prospectus.
Thus a corrected total of 398,958 shares in aggregate have now been allotted at
95.5 pence per share, in accordance with the Offer.

The issued share capital of the Company is now 46,598,111Ordinary Shares.

For further information please contact:

Robert Brittain at Mobeus Equity Partners LLP, Company Secretary, on 020 7024 7612.



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