Issue of Equity

Matrix Income & Growth VCT PLC
14 April 2005


Matrix Income & Growth VCT plc

14 April 2005


Issue of Equity


The Company announces that on 14 April 2005 it allotted and issued 486,566 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 20,302,501
Ordinary Shares.


For further information please contact:

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



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