Mobeus Income & Growth 4 VCT plc

1 April 2014

Notification of Transactions of Directors/Persons Discharging Managerial
Responsibility

The Company announces that on 31 March 2014 the following Director was allotted
and issued the numbers of ordinary shares shown below at a deemed issue price
of 124.0 pence per share:



Director          Ordinary s   Percentage of Total n         Percentage of
                  hares        issued share  otifiable       issued share
                  allotted     capital       holding         capital and total
                               acquired      following the   voting rights
                                             transaction     following the
                                                             transaction

Christopher Moore 1,249        0.0003%       36,075          0.09128%


This notification relates to a transaction notified in accordance with
Disclosure and Transparency Rule 3.1.4(1).

For further information please contact:

Robert Brittain at Mobeus Equity Partners LLP, Company Secretary: 020 7024
7612.