Baronsmead VCT 4 plc

12 February 2014

Dividend Declaration

Following recent profitable sales of investments, the Directors have declared
an interim dividend of 6.0p per share with respect to the year to 31 December
2014. The dividend will be paid on 7 March 2014 to shareholders on the register
as of 21 February 2014. It is the board's current expectation that this interim
dividend will be in lieu of the dividend that would normally be declared on the
publication of the Company's results for the six months to 30 June 2014.

For further information contact:

Michael Probin VCT Investor Relations
ISIS EP LLP: 020 7506 5796

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