Realisation of Investment

Mobeus Income & Growth 4 VCT plc

(the "Company")

LEI:  213800IFNJ65R8AQW943

Realisation of investment in Vectair Holdings Limited

The Company is pleased to announce the sale of its investment in Vectair Holdings Limited ("Vectair") to a consortium of US investors.  The Company has received £0.51 million in cash from the sale, contributing to a realised gain over cost over the life of the investment of £0.73 million, being the equivalent of 0.87 pence per share. Further proceeds may be receivable in due course.

In isolation, the impact of this sale on the Company's latest announced NAV per share of 72.31 pence at 30 September 2020, would be an increase of 0.05 pence per share. The Company emphasises that the increase in NAV per share from this realisation is in isolation from other changes in the Company's balance sheet, including valuation and other transaction movements in the Company's investment portfolio, that may also have affected the NAV per share since 30 September 2020.

All four Mobeus-advised VCTs realised their investment in Vectair.  To date, cash proceeds have been received by the four Mobeus-advised VCTs over the life of their investment in Vectair of £9.30 million, against an original investment cost of £1.12 million. This represents a return for the Mobeus VCTs in aggregate of 8.3 times the original investment cost and an IRR of 22.2% in the nearly 15 years that this investment was held.

For further information, please contact:

Mobeus Equity Partners LLP, Company Secretary 020 7024 7600