Change of Adviser

Murray VCT 4 PLC
07 November 2005

Murray VCT 4 PLC

Change of Adviser


The Directors of Murray VCT 4 PLC are pleased to announce the appointment, with
immediate effect, of Teather & Greenwood Limited as Corporate Broker to the
Company.



On behalf of the Board
Murray Johnstone Limited, Secretary
7 November 2005








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