Statement re NAV and Dividend Investment Scheme

Maven Income and Growth VCT 4 PLC

Net Asset Value (NAV) - Dividend Investment Scheme (DIS)

The Board of Maven Income and Growth VCT 4 PLC (the Company) has announced previously that the NAV per share of the Company as at 30 June 2017 was 96.35p and that interim dividends of 3.36p and 3.70p per share in respect of the year ending 31 December 2017 would be paid on 14 July 2017 and 15 September 2017 respectively, to Shareholders on the register at close of business on 23 June 2017 and 18 August 2017 respectively. Furthermore, in respect of Shareholders who had, by no later than 1 September 2017, elected to participate in the DIS, the Company will use the amount paid in respect of the second of the above interim dividends to subscribe for new ordinary shares of 10p each in the Company (Ordinary Shares) to be issued at a price equivalent to the latest announced NAV per share.

The Board confirms that, following the payment of the above dividends, the effective NAV per share of the Company is 89.29p and that this will be the price used in the calculation of the number of Ordinary Shares to be allotted under the DIS, the issue of which will be confirmed in a separate announcement in due course.

Issued on behalf of the Board

Maven Capital Partners UK LLP

Secretary

15 September 2017