Circular re VCT Enhanced Buyback Facility

THE INCOME & GROWTH VCT PLC PUBLICATION OF CIRCULAR Summary The board of directors ("Board") of The Income & Growth VCT PLC ("the Company") is today sending out a circular ("Circular") to shareholders in relation to a proposed enhanced buyback facility, such scheme being for up to 50% of the issued share capital of the Company ("Enhanced Buyback Facility"). Implementation of the Enhanced Buyback Facility is subject to shareholder approval being provided at a general meeting convened for 22 March 2013 pursuant to the Circular. The Enhanced Buyback Facility has opened today for application. Enhanced Buyback Facility The Company is offering to purchase up to a maximum of 23,853,553 existing shares, which represent 50% of the issued share capital as at 24 January 2013, subject to the proceeds of sale being reinvested in new shares. The record date to be eligible to participate in the Enhanced Buyback Facility is 5.00 p.m. on 24 January 2013. The closing date for applications pursuant to the Enhanced Buyback Facility is 12.00 noon on 20 March 2013. Further details on the Enhanced Buyback Facility, the terms and conditions thereof and the tax consequences of participating, are set out in the Circular and application form. Shareholders are advised to consult their independent financial adviser. Availability of Documents The Circular has been submitted to the Financial Services Authority and will shortly be available for inspection both at the National Storage Mechanism, which is located at: http://www.hemscott.com/nsm.do and the Company's website: wwww.incomeandgrowthvct.co.uk For further information, please contact: Investment Manager to the Companies Mobeus Equity Partners LLP Rob Brittain Telephone: 020 7024 7612
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