Director/PDMR Shareholding

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

1) Name of company Maven Income and Growth VCT 4 PLC

2) State whether notification is in respect of a transaction notified in accordance with DR 3.1.4R(1)(a) or DR 3.1.4R(1)(b) or both

Both

3) Name of director Andrew Lapping

4) State whether notification relates to a person(s) connected with a person discharging managerial responsibilities/director named in 3 above, and identify the connected person(s)

As in 3

5) Indicate whether notification is in respect of a holding of the person named in 3 or 4 above or in respect of a non-beneficial interest

As in 3

6) Class of security Ordinary 10p shares7) Name of the registered shareholder(s) and, if more than one holder, the number of shares held by each of them (if notified)

A) Andrew Lapping

B) James Hay Pension Trustees Limited

8) State the nature of the transaction.

A) sale

B) purchase

9) Number of shares/amount of stock acquired 25,000

10) Percentage of issued class acquired

0.3% of Ordinary shares

0.18% of combined Ordinary and S Ordinary shares 11) Number of shares/amount of stock disposed 25,00012) Percentage of issued class disposed 0.3% of Ordinary shares

0.18% of combined Ordinary and S Ordinary shares

13) Price per share A) 66.00p

B) 66.25p14) Date of transaction 24 November 2010

15) Total holding and percentage holding of issued class following this notification Beneficial - 25,000 Ordinary shares of 10p

(0.3% of Ordinary shares

0.18% of combined Ordinary and S Ordinary shares)

16) Date company informed 26 November 2010

Name of contact and telephone number for queriesR O'NEIL TEL: 0141 306 7553

Name and signature of authorised company official responsible for making this notification

R O'NEIL

Date of Notification - 26 November 2011