Transaction in Own Shares

Matrix Income & Growth VCT plc

23 August 2011

Transaction in the Company's own shares

Matrix Income & Growth VCT plc announces that on 19 August 2011 it purchased
245,186 of the Company's own Ordinary Shares at a price of 81.08 pence per
share for cancellation.

Following this purchase there are now 43,402,107 Ordinary Shares of 1 pence in
issue.