Annual Report and Accounts

Matrix Income & Growth 2 VCT plc (the "Company")

7 August 2008

Annual Report and Accounts for the year ended 30 April 2008

A copy of the above document has been submitted to the UK Listing Authority
("UKLA") and will shortly be available for inspection at the UKLA's document
viewing facility, which is situated at:

Financial Services Authority

25 The North Colonnade

Canary Wharf

London

E14 5HS

Tel: [phone]

For further information please contact:

Rob Brittain at Matrix-Securities Limited, the Company Secretary on 020 3206
7000