Annual Information Update

Matrix Income & Growth 2 VCT plc

Annual Information Update

11 June 2008

In accordance with Prospectus Rule 5.2, the following information has been
published or made available to the public in the period from 1 May 2008 to 11
June 2009.

Announcements listed as published on the London Stock Exchange have been
published via a Regulatory Information Service and can be found on 
www.londonstockexchange.com. Copies of documents filed with Companies House can
be obtained from Companies House or, if you are a registered user, through
Companies House Direct at http://direct.companieshouse.gov.uk.

Some of the information referred to below was provided as at a specific date
and may now be out of date.

Announcements published on the London Stock Exchange

Date                 Description                                               
                                                                               
29 May 2009          Total voting rights at 29 May 2009 - Ordinary Shares:     
                     11,259,333; C Shares: 17,483,358.                         
                                                                               
5 May 2009           Offer for subscription closed, having raised approximately
                     £7.5m.                                                    
                                                                               
5 May 2009           Directors' shareholdings: Nigel Melville allotted 2,854   
                     new C Shares under the Offer for Subscription.            
                                                                               
5 May 2009           Issue of equity: issue of 572,972 new C Shares under the  
                     Offer for Subscription on 5 May 2009.                     
                                                                               
30 April 2009        Total voting rights at 30 April 2009 - Ordinary Shares:   
                     11,259,333; C Shares: 16,910,386 .                        
                                                                               
6 April 2009         Issue of equity: issue of 1,061,662 new C Shares under the
                     Offer for Subscription on 5 April 2009.                   
                                                                               
6 April 2009         Correction: Directors' shareholdings: Correction of number
                     of new C shares allotted to Nigel Melville under the Offer
                     for Subscription from 2,705 to 2,854.                     
                                                                               
3 April 2009         Directors' shareholdings: the following directors were    
                     allotted new C Shares under the Offer for subscription:   
                     Nigel Melville allotted 2,854 (see correction above), Adam
                     Kingdon 5,709, Kenneth Vere Nicoll 11,418.                
                                                                               
3 April 2009         Issue of equity: issue of 6,702,734 new C Shares under the
                     Offer for Subscription on 3 April 2009.                   
                                                                               
17 March 2009        Interim management statement for the quarter ended 31     
                     January 2009.                                             
                                                                               
27 February 2009     Total voting rights at 27 February 2009 - Ordinary Shares:
                     11,259,333; C Shares: 9,145,990.                          
                                                                               
9 February 2009      Purchase of 10,000 Ordinary shares at 42p per share for   
                     cancellation on 6 February 2009.                          
                                                                               
30 January 2009      Total voting rights at 30 January 2009 - Ordinary Shares: 
                     11,269,333; C Shares: 9,145,990.                          
                                                                               
27 January 2009      Purchase of 106,200 Ordinary Shares at 36p per shares for 
                     cancellation on 23 January 2009.                          
                                                                               
19 January 2009      Offer for Subscription to raise up to £10m launched and   
                     copies of the prospectus sent to the UKLA's Document      
                     Viewing Facility.                                         
                                                                               
16 January 2009      Half-Yearly Report for the six months ended 31 October    
                     2008 submitted to the UKLA's Document Viewing Facility.   
                                                                               
24 December 2008     Change of Adviser: Matrix Corporate Capital LLP appointed 
                     as the Company's broker with immediate effect.            
                                                                               
24 December 2008     Half-Yearly Report for the six months ended 31 October    
                     2008.                                                     
                                                                               
31 October 2008      Total voting rights at 31 October 2008 - Ordinary shares: 
                     11,375,533; C Shares: 9,145,990.                          
                                                                               
7 October 2008       Purchase of 115,475 ordinary Shares at 73.5p per share for
                     cancellation on 3 October 2008.                           
                                                                               
15 September 2008    Interim management statement for the quarter ended 31 July
                     2008.                                                     
                                                                               
11 September 2008    Result of Class Meetings: all resolutions proposed at the 
                     separate Class Meetings of Ordinary and C Shareholders    
                     were approved by shareholders of each class on 11         
                     September 2008.                                           
                                                                               
11 September 2008    Result of AGM: all resolutions proposed at the Annual     
                     General Meeting held on 10 September 2008 were approved by
                     Shareholders. The Separate Class Meetings of Ordinary and 
                     C Shareholders were adjourned until 11 September 2008.    
                                                                               
7 August 2008        Annual information update for the period 1 May 2007 to 7  
                     August 2008.                                              
                                                                               
7 August 2008        Annual Report and Accounts for the year ended 30 April    
                     2008 submitted to the UKLA Document Viewing Facility.     
                                                                               
15 July 2008         Final results for the year ended 30 April 2008.           
                                                                               
25 June 2008         Change of registered office to One Vine Street, London,   
                     W1J 0AH.                                                  
                                                                               
18 June 2008         Interim dividends for the year ended 30 April 2008        
                     declared of 1.5p income and 4.5p capital dividends per    
                     Ordinary Share and 2.5p income dividend per C Share,      
                     payable on 23 July 2008 to Shareholders on the register on
                     27 June 2008.                                             

Documents filed at Companies House

Date                 Description                                               
                                                                               
9 June 2009          Form 88(2) return of allotment of 572,972 C Shares.       
                                                                               
18 May 2009          Form 88(2) return of allotment of 6,702,734 C Shares.     
                                                                               
18 May 2009          Form 88(2) return of allotment of 1,061,662 C Shares.     
                                                                               
21 March 2009        Form 363a Annual Return made up to 8 March 2009           
                                                                               
21 March 2009        Form 288c - change of particulars for Sally Duckworth (nee
                     Leeson).                                                  
                                                                               
18 February 2009     Form 169 Purchase for cancellation of 10,000 Ordinary     
                     Shares on 6 February 2009.                                
                                                                               
9 February 2009      Form 169 Purchase for cancellation of 106,200 Ordinary    
                     Shares on 23 January 2009.                                
                                                                               
30 October 2008      Form 169 Purchase of cancellation of 115,475 Ordinary     
                     Shares on 3 October 2008.                                 
                                                                               
25 September 2008    Full accounts made up to 30 April 2008.                   
                                                                               
25 September 2008    Amended Articles of Association.                          
                                                                               
25 September 2008    Resolutions passed at the AGM and Class Meetings held on  
                     10 & 11 September 2008.                                   
                                                                               
26 June 2008         Form 288C change of secretary's particulars -             
                     Matrix-Securities Limited.                                
                                                                               
25 June 2008         Form 287 change of registered office to One Vine Street,  
                     London, W1J 0AH.                                          
                                                                               
21 May 2008          Form 169 Purchase for cancellation of 28,646 Ordinary     
                     Shares on 29 April 2008.                                  

In accordance with the provisions of Article 27.3 of the Prospectus Directive
Regulation, we confirm that to the best of our knowledge, information relating
to 'Holdings in Company' and 'Directors' Shareholdings' is up to date at the
date of this announcement but it is acknowledged that such disclosures may, at
any time, become out of date, due to changing circumstances.

Copies of information released can be obtained through the Company Secretary at
the Company's Registered Office at One Vine Street, London W1J 0AH, tel 020
3206 7000.