Purchase of Own Shares

Matrix Venture Fund VCT PLC
29 October 2004

Matrix Venture Fund VCT plc



29 October 2004







Purchase of shares for cancellation



Matrix Venture Fund VCT plc announces that on 28 October 2004 it purchased
92,301 Ordinary Shares at a price of 72.5p per share for cancellation.



Following this purchase the Company now has 12,938,703 Ordinary Shares in issue.




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