Transaction in Own Shares

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

19 May 2011

Purchase of shares for cancellation

Matrix Income & Growth 4 VCT plc announces that on 19 May 2011 it purchased for
cancellation 139,952 of its Ordinary Shares at a price of 101.5 pence per
share.

Following this purchase the Company now has 25,140,060 Ordinary Shares in
issue.