Purchase of Own Securities

Murray VCT 4 PLC
17 October 2002



MURRAY VCT 4 PLC - SHARE BUY-BACK


On 17 October 2002 Murray VCT 4 PLC purchased for cancellation 34,680 of its own
ordinary shares at 63p per share.

Following the transaction the company's issued share capital is 38,433,941
ordinary shares of 10p each.





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