Intention to launch an offer

JOINT ANNOUNCEMENT

27 September 2013

Mobeus Income & Growth VCT plc, Mobeus Income & Growth 2 VCT plc, Mobeus Income
& Growth 4 VCT plc and The Income & Growth VCT plc

The Boards of Mobeus Income & Growth VCT plc, Mobeus Income & Growth 2 VCT plc,
Mobeus Income & Growth 4 VCT plc and The Income & Growth VCT plc are pleased to
announce that they intend to launch a joint offer for subscription for new
ordinary shares ("the Offer").

The prospectus, which will contain the full details and terms and conditions of
the Offer, will be available later this year.

For further information please contact:

Company Secretary
Mobeus Equity Partners LLP
Rob Brittain/Elizabeth Birch
Telephone: 020 7024 7600
Email: info@mobeusequity.co.uk