Issue of Equity

The Income & Growth VCT plc

12 March 2014

Issue of Equity

The Company announces that on 12 March 2014 it allotted and issued 278,616 new
Ordinary Shares of 1p each under the Company's Dividend Investment Scheme ("the
Scheme") at a price of 99.7 pence per share.

Application will be made for the new Ordinary Shares to be admitted to the
Official List of the UK Listing Authority and dealings are expected to commence
on or around 18 March 2014.

Following these allotments, the issued share capital of the Company is
55,942,126 Ordinary Shares.

For further information please contact:

Sarah Penfold at Mobeus Equity Partners LLP, Company Secretary, on 020 7024 7600.