Issue of Equity

Matrix Income & Growth VCT PLC
06 January 2005


Matrix Income & Growth VCT plc

Issue of Equity


The Company announces that on 6 January 2005 it allotted and issued 304,134 new
ordinary shares of 1p each under the offer for subscription at a price of 100p.

Following this allotment the issued share capital of the Company is 6,381,001
Ordinary Shares.



For further information please contact:

Sarah Penfold at Matrix-Securities Limited, Company Secretary, on 020 7925 3300


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