Baronsmead VCT 4 plc

                                (the "Company")

                                 Result of AGM

The Company announces that all of the resolutions put to the shareholders at
the Company's Annual General Meeting held at Plaisterers' Hall, One London
Wall, London on 15 April 2014 were duly passed.

Resolutions 1 to 9 were passed as Ordinary Resolutions and Resolutions 10 to 13
were passed as Special Resolutions. The resolutions are set out below:

Resolution 1: To receive the Report of the Directors and Auditors and Financial
Statements for the year ended 31 December 2013.

Resolution 2: To approve the Directors' Remuneration Report for the year ended
31 December 2013.

Resolution 3: To approve the Directors' Remuneration policy

Resolution 4: To elect Malcolm Groat as a director of the Company

Resolution 5: To re-elect Robert Owen as a director of the Company.

Resolution 6: To re-elect Alan Pedder as a director of the Company.

Resolution 7: To re-elect Robin Williams as a director of the Company.

Resolution 8: To appoint KPMG LLP as the Independent Auditors and to authorise
the Directors to determine their remuneration.

Resolution 9: To extend the authority to allot shares in accordance with
statutory pre-emption rights pursuant to section 551 of the Companies Act 2006.

Resolution 10: To empower the Directors to allot shares pursuant to section 570
and 573 of the Companies Act 2006.

Resolution 11: To extend the authority to make market purchases of the
Company's shares pursuant to section 693 (4) of the Companies Act 2006.

Resolution 12: To authorise the Directors to hold general meetings on 14 clear
days notice.

Resolution 13: That the amount standing to the credit of the share premium
account of the Company, at the date an order is made confirming such
cancellation by the court, be cancelled

A notice of the resolutions passed will shortly be available via the National
Storage Mechanism, which is located at http://www.hemscott.com/nsm.do

For further information please contact Michael Probin, VCT Investor Relations

ISIS EP LLP Tel: 0207 506 5796