Interim Management Statement

11 Sep 2007 15:53

Matrix Income & Growth 2 VCT plc (the Company)

INTERIM MANAGEMENT STATEMENT

For the period ended 31 July 2007

NEW INVESTMENTS Date Name of company Ordinary Share Fund C Share Fund Total investment July 2007 DiGiCo Europe Limited ‚£588,886 ‚£411,114 ‚£1 million

Manufacturer of digital sound mixing consoles for the live performance, theatre, post production and broadcast markets

NET ASSET VALUE PER SHARE Ordinary Share Fund C Share Fund 31 July 2007 30 April 2007 31 July 2007 30 April 2007

Net assets attributable to shareholders ‚£13,150,904 ‚£12,912,394 ‚£9,113,163 ‚£8,885,025

Shares in issue 12,041,147 12,041,147 9,145,990 9,145,990 Net asset value per 1p Share :

- Excluding current year income 109.22 p 105.65 p 99.64 p 94.85 p - Including current year income 108.75 p 107.24 p 98.99 p 97.15 p

SHARE BUY-BACKS

The Company did not buy back any of its own shares during the period.

After the period-end, the Company has bought back a total of 329,658 Ordinary Shares at a price of 74 pence per share.

The number of shares in issue at the date of this announcement is 11,711,489 Ordinary Shares and 9,145,990 C Shares.

For further information, please contact:

Sarah Penfold, for Matrix-Securities Limited, Company Secretary: 020 7925 3300