CORRECTION - Director/PDMR Shareholding

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

6 April 2009

CORRECTION - Directors' Shareholdings

Further to the announcement released on 3 April 2009 (Number 91144-E1D5), there
was an error in the number of shares reported as purchased by Nigel Melville.
This figure should have been 2,854 and not 2,705 as announced. This has also
resulted in slight changes to the reported total number C Shares held. The
percentage of issued C Share capital has not changed.

The full text of the announcement, including the above amendment is included
below.

Directors' Shareholdings

Matrix Income & Growth 2 VCT plc announces that it has today been notified of
the following subscriptions under DTR 3.1.2R by the directors named below. On 3
April 2009, the following Directors were allotted and issued new C Ordinary
Shares of 1p each under the offer for subscription, all at a price of 92.39p
per share:

Director                  Shares  Total resultant   Percentage of
                        purchased     number of C  issued C Share
                                      Shares held         capital
                                                                 
Nigel Melville              2,854          23,954           0.15%
                                                                 
Adam Kingdon                5,709           5,709           0.04%
                                                                 
Kenneth Vere Nicoll        11,418         37,793*           0.24%

*including connected persons

For further information please contact:

Robert Brittain at Matrix-Securities Limited, the Company Secretary on: 020
3206 7000.