Disposal - of investment in Iglu.com Holidays L...

Matrix Income & Growth 2 VCT plc

7 June 2012

Realisation of investment in Iglu.com HolidaysLimited

The Board of Matrix Income & Growth 2 VCT plc is pleased to announce that the
Company has realised its investment in Iglu.com Holidays Limited through a sale
to Growth Capital Partners for cash proceeds of £1,455,265. This realisation
contributed to total cash proceeds of £2,530,413 to the Company over the life
of the investment, representing a 2.5 times return on the Company's original
investment of £1 million. This transaction in isolation equates to an uplift in
NAV of approximately 0.77 pence per share over the NAV per share of 100.84p as
at 31 January 2012, which was announced on 16 March 2012.

Iglu is the UK's largest specialist ski holiday, and a fast growing cruise
holiday, travel agent.

For further information, please contact:

Robert Brittain, for Matrix Private Equity Partners LLP, Company Secretary 020
3206 7000.