Offer Update - Issue of Supplementary Prospectus

MOBEUS INCOME & GROWTH VCT PLC - Offer Update - Issue of Supplementary Prospectus

PR Newswire

London, March 25

22 March 2013

JOINT ANNOUNCEMENT

Mobeus Income & Growth VCT plc, Mobeus Income & Growth 4 VCT plc and The Income& Growth VCT plc

Issue of Second Supplementary Prospectus

The boards of Mobeus Income & Growth VCT plc ("MIG"), Mobeus Income & Growth 4VCT plc ("MIG 4") and The Income & Growth VCT plc ("the Companies") announcethat they have published today a second supplementary prospectus ("the SecondSupplementary Prospectus") relating to the joint offer for subscription for newordinary shares of 1p each in the capital of each of the Companies to raise upto £27 million (the "Offer").

The Supplementary Prospectus refers to (i) a clarification of the gross fundsto be raised under the Offer and (ii) the publication of MIG and MIG 4's annualreport and accounts for the year ended 31 December 2012 and the 11 month periodended 31 December 2012 respectively (together the "Accounts"), certaininformation from which is incorporated by reference into the SecondSupplementary Prospectus.

Copies of the Second Supplementary Prospectus and the Accounts have beensubmitted to the Financial Services Authority and will shortly be available forinspection at the National Storage Mechanism, which is located at:

www.morningstar.co.uk/uk/nsm

Copies of the Supplementary Prospectus are also available from the manager'swebsite:

www.mobeusequity.co.uk/investor-area

For further information, please contact:

Investment Manager to the Companies