Offer for Subscription Document Posted

Matrix Income & Growth 4 VCT plc (the "Company")

2 November 2006

Offer for Subscription of up to £20,000,000

A copy of the Prospectus comprising the Securities Note, the summary note and the
registration document for the above offer has been submitted to the Financial
Services Authority and will shortly be available for inspection at the FSA's
document viewing facility, which is situated at:

The Financial Services Authority

25 The North Colonnade

Canary Wharf

London

E14 5HS

For further information please contact:

Sarah Penfold at Matrix-Securities Limited, the Company Secretary on 020 7295
3323.