Maven I&g 4 Regulatory News (MAV4)

Interim Management Statement

Maven Income and Growth VCT 4 PLC (the Company) - quarter ended 30 September 2013

This Interim Management Statement, for the quarter ended 30 September 2013, is provided in accordance with Rule 4.3 of the Disclosure and Transparency Rules of the UK Listing Authority and also includes relevant information in respect of the period from 1 October 2013 to the date of issue. This Statement has been prepared solely to provide additional information in order to meet the relevant requirements of the UK Listing Authority's Disclosure and Transparency Rules, and should not be relied on by Shareholders, or any other party, for any other purpose.

· Net asset value (NAV)1 of 96.00p per Ordinary Share and 101.01p per C Share at 30 September 2013, after payment of the interim dividend on the Ordinary Shares, compared to 97.60p and 98.40p per share respectively at 30 June 2013;

· NAV total return2 of 125.3p per Ordinary Share at 30 September 2013, compared to 124.9p at 30 June 2013; and

· Interim dividend of 2.00p per Ordinary Share in respect of the year ending 31 December 2013, paid on 27 September 2013.

1The NAV is unaudited and reflects the closing bid price of quoted securities at 30 September 2013. Unlisted companies are normally valued on a six-monthly basis and the NAV incorporates the Directors' valuation of unlisted investments as at 30 June 2013, adjusted for subsequent events where appropriate.

2NAV total return is the sum of NAV per share and dividends paid per share since launch.

During the quarter ended 30 September 2013, a net amount of £139,826 was invested from the Ordinary Share portfolio in two unlisted companies; net proceeds of £402,967 were realised from the sale of short-dated UK treasury bills; a total of £432,553 of capital was returned from three unlisted companies against a cost of £508,811 and the full or partial disposals of four AIM quoted investments generated aggregate proceeds of £115,584 against a total cost of £103,855.

During the same period, the full or partial disposals of three AIM quoted investments from the C Share portfolio, generated aggregate proceeds of £48,118 against a total cost of £29,277.

Between 1 October 2013 and the date of this Statement, £132,769 was invested in two unlisted companies; a total of £295,254 of capital was returned by two unlisted companies; and the partial disposal of an AIM quoted investment generated proceeds of £35,438 against a cost of £32,284.

In the same period, an investment of £112,000 in an unlisted company was made on behalf of the C Share portfolio and the sale of the unlisted investment in Espresso Group generated proceeds of £1,246,191. While the reduction of £253,809 against the carrying value of Espresso Group represents 6.5% of the net assets attributable to the C shares as at 30 September 2013, the Manager has taken the view that this was the optimum opportunity to secure an exit from a legacy investment acquired from the merger of the Company with Ortus VCT PLC earlier in 2013.

Other than as described above, and changes in the value of investments quoted on regulated markets, the Board is not aware of any material events during the period from 1 July 2013 to 30 September 2013, or in the period from 1 October 2013 to the date of this announcement, which would have had a material impact on the financial position of the Company.

Issued on behalf of the Board

Maven Capital Partners UK LLP

Secretary

18 November 2013