Statement re VCT Enhanced Buyback Facility

Mobeus Income & Growth VCT plc

Enhanced Buyback Facility Update

The Enhanced Buyback Facility, as detailed in the circular published by the
Company on 25 January 2013, closed on 20 March 2013.

In order to process all of the application forms received pursuant to the
Enhanced Buyback Facility, the Board has decided to extend the date on which it
intends to purchase existing shares and issue new shares in respect of the 2012
/2013 tax year from 26 March 2013 to 4 April 2013.

All valid applications received pursuant to the Enhanced Buyback Facility are
expected to be accepted in full with no anticipated scaling back of
applications.

Details of the tender price and issue price, together with the number of
existing shares purchased and new shares issued pursuant to the Enhanced
Buyback Facility will be announced in due course.

For further information, please contact:

Mobeus Equity Partners LLP
Company Secretary
Sarah Penfold
Telephone: [phone]