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Quester VCT 4 PLC (KAY2)

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Wednesday 31 March, 2004

Quester VCT 4 PLC

Transaction in Own Shares


                       Quester VCT 4 plc ('the Company')                       

                          Purchase of Own Securities                           

The Company yesterday bought back for cancellation 55,100 Ordinary Shares of 1p
each in the Company at 68p each.

31 March 2004

C:\TEMP\Temporary Internet Files\OLK23B\Buyback300304VCT4.doc