Transaction in Own Shares - Correction

Matrix Income & Growth VCT plc

31 March 2010

Transaction in the Company's own shares - Correction

Further to the announcement on 25 March 2010 headed `Transaction in own
shares', the Company announces that, as the result of an error by a selling
broker, 40,000 of these shares have not been delivered to the Company.

The Company therefore announces that on 25 March 2010 it purchased 33,725 of
the Company's own Ordinary Shares at a price of 54.81 for cancellation.

Following this purchase there are now 20,339,989 Ordinary Shares of 1 pence in
issue.