Net Asset Value(s)

Maven Income and Growth VCT 4 PLC

Net Asset Value

The Directors confirm:

· Net asset value (NAV)1 of 89.03p per Ordinary Share as at 30 September 2017, compared to 96.35p at 30 June 2017, prior to payment of the interim dividends of 3.36p on 14 July 2017 and 3.70p on 15 September 2017; and

· NAV total return2 of 143.54p per Ordinary Share as at 30 September 2017, compared to 143.80p at 30 June 2017.

Notes:

1The NAV at 30 September 2017 is unaudited and reflects the closing bid price of quoted securities as at that date. Investments in unlisted companies are normally valued on a six monthly basis and the NAV incorporates the Directors' valuation of unlisted investments as at 30 June 2017, adjusted for subsequent events where appropriate. There have been no material changes in the valuations of any of the unlisted investments during the period from 30 June 2017 to the date of this announcement.

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

Issued on behalf of the Board

Maven Capital Partners UK LLP

Secretary

9 November 2017