Holding(s) in Company

For filings with the FSA include the annex For filings with issuer exclude the annex TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying issuer Finsbury Growth & of existing shares to which voting rights are Income Trust PLC attached:ii 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights X An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights Other (please specify): 3. Full name of person(s) subject to the Brewin Dolphin Limited notification obligation:iii 4. Full name of shareholder(s) (if different from 3.):iv 5. Date of the transaction and date on which the threshold is crossed or 12th August 2011 reached: v 6. Date on which issuer notified: 15th August 2011 7. Threshold(s) that is/are crossed or 12% reached: vi, vii 8. Notified details: A: Voting rights attached to shares viii, ix Class/type Situation previous Resulting situation after the triggering transaction of to the triggering shares transaction Number Number Number Number of voting % of voting rights if possible of of of rights x using Shares Voting shares the ISIN Rights CODE Direct Direct xi Indirect xii Direct Indirect Ordinary GBP0.25 5,926,544 5,926,544 N/A N/A 6,774,677 N/A 12.0007% GB0007816068 B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ Number of voting % of voting financial date xiii Conversion Period xiv rights that may be rights instrument acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi Resulting situation after the triggering transaction Type of Exercise price Expiration Exercise/ Number of voting rights % of voting financial date xvii Conversion instrument refers to rights xix, xx instrument period xviii Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 6,774,677 12.0007% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi Brewin Nominees Limited - 1,254,168 - 2.2216% Brewin Nominees (Channel Islands) Limited - 39,374 - 0.0699% Giltspur Nominees Limited - 3,060,956 - 5.4222% BDS Nominees Limited - 1,533,159 - 2.7158% Brewin Nominees Limited A/c Charity - 248,351 - 0.4399% Brewin Nominees Limited A/c Offbond - 638,669 - 1.1313% Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: Figures based on shares in issue of 56,452,423 The indirect voting rights under (9) relate to shares held in client portfolios, managed by those firms, under discretionary investment management agreements. 14. Contact name: Mark Pope (Frostrow Capital LLP) 15. Contact telephone number: 0203 008 4913
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