Transaction in Own Shares

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

17 December 2007

Purchase of shares for cancellation

Matrix Income & Growth 4 VCT plc announces that on 17 December 2007 it
purchased for cancellation 31,500 of its Ordinary Shares at a price of 108.36
pence per share.

Following this purchase the Company now has 20,534,199 Ordinary Shares in
issue.