Issue of Equity

Maven Income and Growth VCT 4 PLC

Offer for subscription of Ordinary Shares

The Directors of Maven Income and Growth VCT 4 PLC are pleased to announce that, pursuant to the Maven Income and Growth VCT Linked Offer which opened on 18 November 2010, the Company issued and allotted 66,005 Ordinary shares of 10 pence on 3 May 2011, and that the number of Ordinary Shares in issue is now 8,754,802. The Offer Price at which the shares were issued and allotted was 91.7p per Ordinary share.

The number of S Ordinary Shares in issue is 4,936,009, which brings the total number of Ordinary Shares in issue to 13,690,811.

The 2011/2012 offer is now closed.

Maven Capital Partners UK LLP

Secretary

4 May 2011