Annual Report and Accounts

Murray VCT 4 PLC
17 June 2002

                                MURRAY VCT 4 PLC


         POSTING OF ANNUAL REPORT AND NOTICE OF ANNUAL GENERAL MEETING




Murray VCT 4 PLC (the 'Company') announces that on 14 June 2002, it posted to
Shareholders the Annual Report of the Company for the year ended 28 February
2002, incorporating the Notice of the Annual General Meeting of the Company to
be held on Tuesday, 16 July 2002.



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