Director/PDMR Shareholding

The Income & Growth VCT plc

22 February 2011

Notification of Transactions of Directors/Persons Discharging Managerial
Responsibility

The Company announces that under the Company's Dividend Investment Scheme on 22
February 2011, the following Directors were allotted and issued the numbers of
Ordinary Shares shown below at a price of 86.7 pence per Ordinary Share:

 

Director           Ordinary s   Percentage           Total      Percentage of
                        hares   of issued       notifiable       issued share
                     allotted       share          holding  capital and total
                                  capital    following the      voting rights
                                  acquired     transaction      following the
                                                                  transaction
                                                                             
Colin Hook                859      0.0023%          38,157            0.1002%
                                                                             
Jonathan                  154      0.0004%           6,865            0.0180%
Cartwright                                                                   
                                                                             
Helen Sinclair            245      0.0006%          15,883            0.0417%

This notification relates to a transaction notified in accordance with
Disclosure and Transparency Rule 3.1.4(1).

For further information please contact:

Sarah Penfold at Matrix Private Equity Partners LLP, Company Secretary, on 020
3206 7000.