Transaction in Own Shares

MATRIX INCOME & GROWTH VCT PLC

19 March 2008

Purchase of shares for cancellation

The Matrix Income & Growth VCT PLC announces that on 17 March 2008, it
purchased a total of 134,037 Ordinary Shares of the Company for cancellation at
a price of 102.287 pence per share.

Following this purchase the Company now has 21,875,715 Ordinary Shares in
issue.

Director's Initials