For a contractive matrix transformation A:R2 to R2, A=aij, aij in R, the set of points A=((+or-1+or-A+or-A2+or-A3+or- . . .)e for all sequences of + and -), where e=(1,0)T, is a unique attractor of generally fractional Hausdorff dimension. The Mandelbrot set associated with this system is defined as D=(aij in R4:A is contractive, A is disconnected). The structure of D and its boundary is investigated. Computer approximations of various sections of D are presented with a discussion of the algorithm and principles involved.