Transaction in Own Shares

Matrix Income & Growth VCT plc

19 May 2011

Transaction in the Company's own shares

Matrix Income & Growth VCT plc announces that on 19 May 2011 it purchased
76,222 of the Company's own Ordinary Shares at a price of 81.00 pence per share
for cancellation.

Following this purchase there are now 43,635,473 Ordinary Shares of 1 pence in
issue.