Net Asset Value(s)

Maven Income and Growth VCT 4 PLC

Net Asset Value (NAV)

The Directors confirm:

· NAV1 of 96.00p per Ordinary Share as at 30 September 2016 after the payment of an interim dividend of 2.20p on that date, compared to 98.33p at 30 June 2016; and

· NAV total return2 of 140.40p per Ordinary Share as at 30 September 2016, compared to 140.53p at 30 June 2016.

Notes:

1The NAV at 30 September 2016 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 2016, 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 2016 to the date of this announcement.

2NAV 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

10 November 2016