Purchase of Own Shares

Matrix Income & Growth 2 VCT PLC
23 January 2006


Matrix Income & Growth 2 VCT plc

23 January 2006


Purchase of shares for cancellation


Matrix Income & Growth 2 VCT plc announces that on 18 January 2006 it purchased
120,000 Ordinary Fund Shares at a price of 69 pence per share for cancellation.

Following this purchase there are now 12,566,147 Ordinary Shares of 1 pence and
1,579,339 C Ordinary Shares of 1 pence in issue.


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