Quester VCT 4 plc ("the Company")                       

The directors are pleased to announce that on 3 April 2006 the Company made an
allotment of 1,624 ordinary shares of 1p each in the Company under the terms of
the Company's dividend reinvestment scheme.

It is expected that dealings will commence on Wednesday 5 April 2006.

For further information please contact Richard Drover at Quester on 020 7222
5472.

3 April 2006
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