Transaction in Own Shares

Matrix Income & Growth VCT plc

29 March 2012

Transaction in the Company's own shares

Matrix Income & Growth VCT plc announces that on 28 March 2012 it purchased
500,000 of the Company's own Ordinary Shares at a price of 86 pence per share
for cancellation.

Following this purchase there are now 43,444,512 Ordinary Shares of 1 pence in
issue.