Transaction in Own Shares

Matrix Income & Growth 2 VCT plc

19 January 2010

Purchase of shares for cancellation

Matrix Income & Growth 2 VCT plc announces that on 15 January 2010 it purchased
49,924 C Ordinary Shares at a price of 55.49 pence per share for cancellation.

Following this purchase there are now 11,259,333 Ordinary Shares of 1 pence and
17,346,339 C Ordinary Shares of 1 pence in issue.