Intention to launch offers for subscription

JOINT ANNOUNCEMENT

Intention to launch offers for subscription

Mobeus Income & Growth VCT plc, Mobeus Income & Growth 2 VCT plc, Mobeus Income & Growth 4 VCT plc and The Income & Growth VCT plc (the "Companies")

The boards of the Companies are pleased to announce that they intend to launch offers for subscription for new ordinary shares (the "Offers") in the current 2017/18 tax year.

The prospectus, which will contain the full details and terms and conditions of the Offers, is planned to be available later this year.

For further information please contact:

Company Secretary

Mobeus Equity Partners LLP

Amelia Taylor/Alex Walsh

Telephone: 020 7024 7600