Director/PDMR Shareholding

Matrix Income & Growth VCT plc

8 March 2012

Notification of Transactions of Directors/Persons Discharging Managerial
Responsibility

The Company announces that the following Director was allotted and issued the
numbers of ordinary shares shown below at a deemed issue price of 101.2 pence
per share:

 

Director        Ordinary s   Percentage of Total n         Percentage of     
                hares        issued share  otifiable       issued share      
                allotted     capital       holding         capital and total 
                             acquired      following the   voting rights     
                                           transaction     following the     
                                                           transaction       
                                                                             
Bridget Guerin  3,127        0.0648%       27,338          0.0622%           
                                                                             
Keith Niven     4,169        0.0950%       40,098          0.0912%           
                                                                             
Tom Sooke       2,606        0.0492%       20,742          0.0472%           

This notification relates to a transaction notified in accordance with
Disclosure and Transparency Rule 3.1.4(1).

For further information please contact:

Sarah Penfold at Matrix Private Equity Partners LLP, Company Secretary, on 
020 3206 7000.