Disposal of investment in Iglu.com Holidays Lim...

The Income & Growth VCT plc 7 June 2012 Realisation of investment in Iglu.com Holidays Limited The Board of The Income & Growth VCT plc is pleased to announce that the Company has realised its investment in Iglu.com Holidays Limited through a sale to Growth Capital Partners for cash proceeds and interest of £1,455,265. This realisation contributed to total cash proceeds of £2,530,415 to the Company over the life of the investment, representing a 2.5 times return on the Company's original investment of £1 million. This transaction in isolation has no significant impact on the NAV per share at 31 March 2012 of 105.4 pence announced on 29 May 2012. Iglu.com is the UK's largest specialist online ski holiday, and a fast growing cruise holiday, travel agent. For further information, please contact: Robert Brittain, for Matrix Private Equity Partners LLP, Company Secretary 020 3206 7000.
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