Change of Adviser

Matrix Income & Growth VCT plc

8 December 2008

Change of Adviser

The Board of Matrix Income & Growth VCT plc ("The Company") is pleased to
announce the appointment of Matrix Corporate Capital LLP as the Company's
broker with immediate effect.

Enquiries:

Sarah Penfold, Matrix Securities Limited 0203-206-7000

Paul Fincham/Jonathan Becher/Chris Lloyd, Matrix Corporate Capital LLP -
0203-206-7000