Annual Information Update

Matrix Income & Growth 4 VCT plc

Annual Information Update

21 April 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 February 2007 up
to and including 21 April 2008.

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 www.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and may now be out of date.

Date            Description                                                    

LONDON STOCK EXCHANGE

1 February     Issue of 478,916 new Ordinary shares of 1p each at a price of   
2007           118.58p per share                                               
                                                                               
1 February     PDMR/Directors' Shareholdings                                   
2007                                                                           
                                                                               
19 February    Purchase of 70,000 of the Company's own Ordinary Shares for     
2007           cancellation                                                    
                                                                               
19 February    Issue of 1,125,033 new Ordinary shares of 1p each at a price of 
2007           118.58p per share                                               
                                                                               
2 March 2007   Net asset value per share at close of business on 31 January    
               2007                                                            
                                                                               
5 March 2007   Issue of 2,015,859 new Ordinary shares of 1p each at a price of 
               121.18p per share                                               
                                                                               
19 March 2007  Issue of 1,613,260 new Ordinary shares of 1p each at a price of 
               121.18p per share                                               
                                                                               
2 April 2007   Issue of 4,069,049 new Ordinary shares of 1p each at a price of 
               121.18p per share.                                              
                                                                               
3 April 2007   Total Voting Rights of 17,701,454                               
                                                                               
4 April 2007   Issue of 1,554,038 new Ordinary shares of 1p each at a price of 
               121.18p per share                                               
                                                                               
10 April 2007  Issue of 2,150,038 new Ordinary shares of 1p each at a price of 
               121.18p per share                                               
                                                                               
17 April 2007  Final results for the year ended 31 January 2007                
                                                                               
18 April 2007  Purchase of 35,000 of the Company's own Ordinary Shares for     
               cancellation                                                    
                                                                               
1 May 2007     Total Voting Rights of 21,370,530                               
                                                                               
2 May 2007     Annual Information Update                                       
                                                                               
15 May 2007    Annual Report year ended 31 January 2007 submitted to UKLA      
               Document Viewing Facility                                       
                                                                               
24 May 2007    Purchase of 491,250 of the Company's own Ordinary Shares for    
               cancellation                                                    
                                                                               
31 May 2007    Purchase of 145,000 of the Company's own Ordinary Shares for    
               cancellation                                                    
                                                                               
31 May 2007    Total Voting Rights of 20,734,280                               
                                                                               
13 June 2007   Result of the Annual General Meeting held on 13 June 2007       
                                                                               
15 June 2007   Interim Management Statement for the period ended 30 April 2007 
                                                                               
4 July 2007    Purchase of 29,089 of the Company's own Ordinary Shares for     
               cancellation                                                    
                                                                               
1 August 2007  Purchase of 34,250 of the Company's own Ordinary Shares for     
               cancellation                                                    
                                                                               
1 August 2007  Total Voting Rights of 20,670,941                               
                                                                               
24 August 2007 Net asset value per share at close of business on 31 July 2007  
                                                                               
28 September   Half-yearly report for the six months ended 31 July 2007        
2007                                                                           
                                                                               
1 November     Purchase of 82,850 of the Company's own Ordinary Shares for     
2007           cancellation                                                    
                                                                               
1 November     Total Voting Rights of 20,588,091                               
2007                                                                           
                                                                               
28 November    Interim Management Statement for the period ended 31 October    
2007           2007                                                            
                                                                               
13 December    Realisation of the Company's investment in Ministry of Cake     
2007           (Holdings) Limited                                              
                                                                               
18 December    Purchase of 22,392 of the Company's own Ordinary Shares for     
2007           cancellation                                                    
                                                                               
18 December    Purchase of 31,500 of the Company's own Ordinary Shares for     
2007           cancellation                                                    
                                                                               
31 December    Total Voting Rights of 20,534,199                               
2007                                                                           
                                                                               
31 January     Purchase of 35,000 of the Company's own Ordinary Shares for     
2008           cancellation                                                    
                                                                               
31 January     Total Voting Rights of 20,499,199                               
2008                                                                           
                                                                               
1 April 2008   Final results for the year ended 31 January 2008                
                                                                               
21 April 2008  Annual Report year ended 31 January 2008 submitted to UKLA      
               Document Viewing Facility                                       
                                                                               
21 April 2008  Annual Information Update                                       

COMPANIES HOUSE

23 February    Form 363s Annual Return made up to 29 January 2007              
2007                                                                           
                                                                               
23 February    Form 88(2) Allotment of 478,452 Ordinary Shares on 1 February   
2007           2007                                                            
                                                                               
7 March 2007   Form 169 purchase of 70,000 of the Company's own Ordinary Shares
               on 31 January 2007                                              
                                                                               
20 March 2007  Form 88(2) Allotment of 1,125,497 Ordinary Shares on 19 February
               2007                                                            
                                                                               
27 March 2007  Form 88(2) Allotment of 2,015,729 Ordinary Shares on 5 March    
               2007                                                            
                                                                               
15 April 2007  Form 88(2) Allotment of 1,613,390 Ordinary Shares on 19 March   
               2007                                                            
                                                                               
23 April 2007  Interim accounts made up to 31 January 2007                     
                                                                               
24 April 2007  Form 88(2) Allotment of 4,069,049 Ordinary Shares on 2 April    
               2007                                                            
                                                                               
14 May 2007    Form 169 purchase of 35,000 of the Company's own Ordinary Shares
               on 17 April 2007                                                
                                                                               
16 May 2007    Form 88(2) Allotment of 1,554,038 Ordinary Shares on 4 April    
               2007                                                            
                                                                               
16 May 2007    Form 88(2) Allotment of 2,150,038 Ordinary Shares on 5 April    
               2007                                                            
                                                                               
26 June 2007   Form 169 purchase of 491,25 of the Company's own Ordinary Shares
               on 18 May 2007                                                  
                                                                               
28 June 2007   Form 169 purchase of 145,000 of the Company's own Ordinary      
               Shares on 25 May 2007                                           
                                                                               
2 July 2007    Notice of special resolutions passed at the Annual General      
               Meeting of the Company held on 13 June 2007                     
                                                                               
5 July 2007    Auditor's resignation                                           
                                                                               
16 July 2007   Full accounts made up to 31 January 2007                        
                                                                               
15 August 2007 Form 169 purchase of 29,089 of the Company's own Ordinary Shares
               on 3 July 2007                                                  
                                                                               
28 August 2007 Form 169 purchase of 34,250 of the Company's own Ordinary Shares
               on 31 July 2007                                                 
                                                                               
1 October 2007 Interim accounts made up to 31 July 2007                        
                                                                               
7 December     Form 169 purchase of 82,850 of the Company's own Ordinary Shares
2007           on 31 October 2007                                              
                                                                               
21 December    Cancellation of Share Premium Account                           
2007                                                                           
                                                                               
21 December    CERT 21 Reduction of Share Premium Account                      
2007                                                                           
                                                                               
16 January     Form 288c Change of director's particulars                      
2008                                                                           
                                                                               
23 January     Form 169 purchase of 31,500 of the Company's own Ordinary Shares
2008           on 17 December 2007                                             
                                                                               
23 January     Form 169 purchase of 22,392 of the Company's own Ordinary Shares
2008           on 14 December 2007                                             
                                                                               
4 February     Form 363s Annual Return made up to 29 January 2008              
2008                                                                           
                                                                               
19 February    Form 169 purchase of 35,000 of the Company's own Ordinary Shares
2008           on 31 January 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 Jermyn Street, London, SW1Y 4UH.