Issue of Equity

Matrix Income & Growth VCT PLC
11 November 2004



Matrix Income & Growth VCT plc


11 November 2004


Issue of Equity


The Company announces that on 11 November 2004 it allotted and issued 279,374
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 4,280,346
Ordinary Shares.



For further information please contact:



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




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