Director/PDMR Shareholding

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

1) Name of company Maven Income and Growth VCT 4 PLC

2) State whether notification is in respect of a transaction notified in accordance with DR 3.1.4R(1)(a) or DR 3.1.4R(1)(c) or both

Both

3) Name of director William Robert Nixon

4) State whether notification relates to a person(s) connected with a person discharging managerial responsibilities/director named in 3 above, and identify the connected person(s)

As in 3

5) Indicate whether notification is in respect of a holding of the person named in 3 or 4 above or in respect of a non-beneficial interest

As in 3

6) Class of security Ordinary 10p shares7) Name of the registered shareholder(s) and, if more than one holder, the number of shares held by each of them (if notified)

Ordinary shares

William Robert Nixon 8,064

Giltspur Nominees Limited 25,521

S Ordinary shares

William Robert Nixon 4,494

Giltspur Nominees Limited 14,819

8) State the nature of the transaction.

Acquisition through Offer for Subscription9) Number of shares/amount of stock acquired 8,064 Ordinary shares

4,494 S Ordinary shares

10) Percentage of issued class acquired

0.1% Ordinary shares

0.1% S Ordinary shares

11) Number of shares/amount of stock disposed -12) Percentage of issued class disposed -13) Price per share Ordinary shares: 102.12p

S Ordinary shares: 107.41p14) Date of transaction 1 March 2012

15) Total holding and percentage holding of issued class following this notification 33,585 Ordinary shares of 10p (0.4%)

14,819 S Ordinary shares of 10p (0.3%)

16) Date company informed 7 March 2012

Name of contact and telephone number for queriesR O'Neil TEL: 0141 206 0108

Name and signature of authorised company official responsible for making this notification

Maven Capital Partners UK LLP, Secretary

Date of Notification - 8 March 2012