Issue of Equity

Mobeus Income & Growth 4VCT plc(the "Company") 1 April 2014 Issue of Equity The Company announces that on 31 March 2014 it allotted and issued 1,834,244new Ordinary Shares of 1 penny each. These new shares in the Company have beenissued subsequent to the linked offer for subscription with The Income & GrowthVCT plc, Mobeus Income & Growth VCT plc and Mobeus Income & Growth 2 VCT plclaunched on 28 November 2013 to raise up to £34 million ("the Offer"). Inaccordance with the allotment formula set out in the prospectus for the Offer,the new Ordinary Shares were issued at prices of between 123.95056 and130.09541 pence per share, depending on the adviser charge (if applicable) andthe number of shares issued (after taking roundings into account) pertaining toeach application. Application will be made for the new Ordinary Shares to be admitted to theOfficial List of the UK Listing Authority and dealings are expected to commenceon 4 April 2014. Following this allotment, the issued share capital of the Company is 39,517,378Ordinary Shares of 1 penny each. A total of £26.08 million has been raised to date under the Offer, of which£6.52 million has been raised for Mobeus Income & Growth 4 VCT plc. For further information please contact:

Jonathan McGuire at Mobeus Equity Partners LLP, Company Secretary, on 020 7024 7600.