Issue of Equity

Matrix Income & Growth VCT PLC
06 April 2005


Matrix Income & Growth VCT plc


6 April 2005


Issue of Equity


The Company announces that on 5 April 2005 it allotted and issued 5,411,461
new Ordinary shares of 1p each under the offer for subscription at a price of
100p.


Following this allotment the issued share capital of the Company is 19,815,935
Ordinary Shares.


For further information please contact:


Sarah Penfold at Matrix-Securities Limited, Company Secretary, on 020 7925 3300



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