Interim Management Statement

20 Jul 2007 16:28

Murray VCT 4 PLC20 July 2007 Murray VCT 4 PLC ("the Company") Interim Management Statement - Quarter ended 31 May 2007 This Interim Management Statement, for the quarter ended 31 May 2007, isprovided in accordance with Rule 4.3 of the Disclosure and Transparency Rules ofthe UK Listing Authority and also includes relevant information in respect ofthe period from 1 June 2007 to the date of issue. This Statement has beenprepared solely to provide additional information in order to meet the relevantrequirements of the UK Listing Authority's Disclosure and Transparency Rules,and should not be relied on by Shareholders, or any other party, for any otherpurpose. 1. Financial highlights • Net Asset Value* ("NAV") of 81.1p at 31 May 2007 which, although unchanged from the NAV at 28 February 2007, represents an increase of 4.9% over the three month period when the 4p per share dividend paid on 23 March is taken into account. • Final dividend of 2.8p per share approved for payment on 27 July 2007. \* The NAV is unaudited and reflects the closing bid price of quoted securities at31 May 2007. Unlisted companies are valued on a six monthly basis and the NAVincorporates the Directors' valuation of unlisted investments as at 28 February2007. 2. Investments and Disposals During the quarter ended 31 May 2007, investments totalling £4,011,000 were madein 14 unlisted or AIM quoted companies. During the same period, a combination of partial and complete disposals of 16unlisted or AIM quoted investments generated aggregate proceeds of £2,214,000against cost of £757,000. There were no other material transactions during the period under review. 3. Recent developments Between 31 May 2007 and the date of this statement, investment totalling£1,194,000 were made in 10 unlisted or AIM quoted companies. During the same post quarter-end period, disposals of 8 unlisted and AIM quotedinvestments generated proceeds of £286,000 against cost of £202,000. In addition, at the Annual General Meeting of the Company held on 17 July 2007,Shareholders voted in favour of the Board's recommendation that the Companyshould change its name to Aberdeen Income and Growth VCT PLC. The intendedchange will be notified to Companies House and confirmed in due course. Other than described above, Board is not aware of any material events during theperiod from 1 March 2007 to 31 May 2007, or in the period from 1 June 2007 tothe date of this announcement, which would have had a material impact on thefinancial position of the Company. Issued on behalf of the BoardMurray Johnstone Limited, Secretary20 July 2007 This information is provided by RNS The company news service from the London Stock Exchange