Annual Information Update

3 January 2007

                      FINSBURY GROWTH & INCOME TRUST PLC                       

                                (the "Company")                                

                           ANNUAL INFORMATION UPDATE                           

               For the 12 months ending Tuesday, 2 January 2007                

In accordance with the Prospectus Rule 5.2, the Company hereby announces that
the following summaries have been made available to the public within the 12
months ending on 2 January 2007.

In respect of Article 27.3 of the Prospectus Directive, the Company confirms
that the information relating to the Company referred to below was at the time
of publication accurate and up-to-date, it is acknowledged however that some
information may have since been superseded and therefore be out-of-date at the
time of this Annual Information Update.

Date of       Summary Description                           Method of          
Publication                                                 Publication        
                                                                               
2 Jan 2007    Director/PDMR Shareholding                    PRN                
                                                                               
2 Jan 2007    Issue of Equity                               PRN                
                                                                               
28 Dec 2006   Issue of Equity                               PRN                
                                                                               
22 Dec 2006   Annual Report & Accounts to 30 September 2006 Post & Website     
                                                                               
18 Dec 2006   Director/PDMR Shareholding                    PRN                
                                                                               
18 Dec 2006   Issue of Equity                               PRN                
                                                                               
18 Dec 2006   Final Results                                 PRN                
                                                                               
13 Dec 2006   Issue of Equity                               PRN                
                                                                               
12 Dec 2006   Resignation of Secretary                      Companies House    
                                                                               
12 Dec 2006   Appointment of Secretary                      Companies House    
                                                                               
8 Dec 2006    Issue of Equity                               PRN                
                                                                               
8 Dec 2006    Total Voting Rights                           PRN                
                                                                               
6 Dec 2006    Issue of Equity                               PRN                
                                                                               
30 Nov 2006   Issue of Equity                               PRN                
                                                                               
24 Nov 2006   Issue of Equity                               PRN                
                                                                               
22 Nov 2006   Issue of Equity                               PRN                
                                                                               
20 Nov 2006   Holdings in Company                           PRN                
                                                                               
15 Nov 2006   Issue of Equity                               PRN                
                                                                               
13 Nov 2006   Issue of Equity                               PRN                
                                                                               
2 Nov 2006    Interim Accounts                              Companies House    
                                                                               
1 Nov 2006    Director/PDMR Shareholding                    PRN                
                                                                               
31 Oct 2006   Supplementary Prospectus                      PRN                
                                                                               
31 Oct 2006   Issue of Equity                               PRN                
                                                                               
11 Oct 2006   Issue of Equity                               RNS                
                                                                               
11 Oct 2006   Issue of Equity                               RNS                
                                                                               
10 Oct 2006   Issue of Equity                               RNS                
                                                                               
10 Oct 2006   Issue of Equity                               RNS                
                                                                               
9 Oct 2006    Issue of Equity                               RNS                
                                                                               
6 Oct 2006    Issue of Equity                               RNS                
                                                                               
3 Oct 2006    Portfolio Update                              RNS                
                                                                               
2 Oct 2006    Agreement Novation                            RNS                
                                                                               
18 Sep 2006   Issue of Equity                               RNS                
                                                                               
12 Sep 2006   Issue of Equity                               RNS                
                                                                               
8 Sep 2006    Dividend Declaration                          RNS                
                                                                               
31 Aug 2006   Issue of Equity                               RNS                
                                                                               
31 Aug 2006   Issue of Equity                               RNS                
                                                                               
23 Aug 2006   Issue of Equity                               RNS                
                                                                               
16 Aug 2006   Appointment of Director                       Companies House    
                                                                               
11 Aug 2006   Publication of Prospectus                     RNS                
                                                                               
9 Aug 2006    Issue of Equity                               RNS                
                                                                               
1 Aug 2006    Issue of Equity                               RNS                
                                                                               
13 Jul 2006   Issue of Equity                               RNS                
                                                                               
10 Jul 2006   Issue of Equity                               RNS                
                                                                               
6 Jul 2006    Special Dividend Declaration                  RNS                
                                                                               
6 Jul 2006    Directorate Change                            RNS                
                                                                               
5 Jul 2006    Blocklisting Interim Review                   RNS                
                                                                               
5 Jul 2006    Portfolio Update                              RNS                
                                                                               
19 Jun 2006   Issue of Equity                               RNS                
                                                                               
16 Jun 2006   Issue of Equity                               RNS                
                                                                               
30 May 2006   Increase in share capital                     Companies House    
                                                                               
30 May 2006   Resolutions of EGM                            Companies House    
                                                                               
23 May 2006   Issue of Equity                               RNS                
                                                                               
12 May 2006   Interim Accounts                              Companies House    
                                                                               
4 May 2006    Interim Results - Amendment                   RNS                
                                                                               
3 May 2006    Interim Results                               RNS                
                                                                               
27 Apr 2006   Issue of Equity                               RNS                
                                                                               
27 Apr 2006   Additional Listing                            RNS                
                                                                               
20 Apr 2006   Issue of Equity                               RNS                
                                                                               
12 Apr 2006   Director/PDMR Shareholding                    RNS                
                                                                               
12 Apr 2006   Result of EGM                                 RNS                
                                                                               
10 Apr 2006   Issue of Equity                               RNS                
                                                                               
4 Apr 2006    Portfolio Update                              RNS                
                                                                               
30 Mar 2006   Issue of Equity                               RNS                
                                                                               
30 Mar 2006   Publication of Prospectus                     RNS                
                                                                               
24 Mar 2006   Issue of Equity                               RNS                
                                                                               
14 Mar 2006   Issue of Equity                               RNS                
                                                                               
14 Mar 2006   Location of the Register of Directors         Companies House    
                                                                               
13 Mar 2006   Issue of Equity                               RNS                
                                                                               
9 Mar 2006    Dividend Declaration                          RNS                
                                                                               
6 Mar 2006    Annual Return                                 Companies House    
                                                                               
1 Mar 206     Issue of Equity                               RNS                
                                                                               
28 Feb 2006   Issue of Equity                               RNS                
                                                                               
23 Feb 2006   Issue of Equity                               RNS                
                                                                               
22 Feb 2006   Issue of Equity                               RNS                
                                                                               
21 Feb 2006   Issue of Equity                               RNS                
                                                                               
16 Feb 2006   Annual Report and Accounts                    Companies House    
                                                                               
8 Feb 2006    Issue of Equity                               RNS                
                                                                               
2 Feb 2006    Holdings in Company                           RNS                
                                                                               
1 Feb 2006    Issue of Equity                               RNS                
                                                                               
26 Jan 2006   Issue of Equity                               RNS                
                                                                               
26 Jan 2006   Result of AGM                                 RNS                
                                                                               
25 Jan 2006   Issue of Equity                               RNS                
                                                                               
23 Jan 2006   Issue of Equity                               RNS                
                                                                               
19 Jan 2006   Issue of Equity                               RNS                
                                                                               
11 Jan 2006   Annual Information Update                     RNS                
                                                                               
10 Jan 2006   Issue of Equity                               RNS                
                                                                               
9 Jan 2006    Issue of Equity                               RNS                
                                                                               
5 Jan 2006    Blocklisting Interim Review                   RNS                
                                                                               
4 Jan 2006    Portfolio Update                              RNS                
                                                                               
4 Jan 2006    Issue of Equity                               RNS                

In addition to the above items, the Company announces its net asset value on a
daily basis via a RIS and has filed at Companies House numerous Form 88(2)'s in
relation to the allotments of new Ordinary shares listed above.

RNS/PR Newswire

The information detailed above publicised via either RNS or PR Newswire, the
Company's preferred Regulatory Information Service providers.

Companies House

The information detailed above publicised via method Companies House, may be
obtained from Companies House, Crown Way, Cardiff CF14 3UZ, or via Companies
House Direct at www.direct.companieshouse.gov.uk.

Close Investments Limited (Close Investments)

Close Investments is the appointed Corporate Company Secretary of the Company;
as such copies of all of the above publications can be obtained or viewed on
request to the Company Secretary, Finsbury Growth & Income Trust PLC, 10 Crown
Place, London, EC2A 4FT.

Close Investments manages a website www.closeinvestments.com where information,
including copies of the Interim and Annual Reports and a monthly factsheet, of
the Company may also be viewed or downloaded.

Further information may be obtained from:

Tracey Lago
Company Secretary
Close Investments Limited

Tel. [phone]
Fax. [phone]