Net Asset Value(s)

Maven Income and Growth VCT 4 PLC

Net Asset Value

The Directors confirm:

·; Net asset value (NAV)1 of 72.65p per Ordinary Share as at 30 September 2019, compared to 72.73p at 30 June 2019; and

·; NAV total return2 of 146.25p per Ordinary Share as at 30 September 2019, compared to 146.33p at 30 June 2019.

Notes:

1The NAV at 30 September 2019 is unaudited, reflects the closing bid price of quoted securities as at that date and is prior to the payment of an interim dividend of 2.00p per Ordinary Share on 4 October 2019. 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 2019, 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 2019 to the date of this announcement.

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

Issued on behalf of the Board

Maven Capital Partners UK LLP

Secretary

7 November 2019