Statement re Enhanced Buyback Facility

The Income & Growth VCT plc

Enhanced buyback facility (EBF)

13 December 2012

The Board of The Income & Growth VCT plc is pleased to announce that the
Company intends to offer to shareholders the opportunity to participate in an
EBF in 2013. The Scheme will provide shareholders with the opportunity to sell
some or all of their shares in the VCT back to the Company and re-invest the
proceeds in new shares in the Company.

Full terms of the EBF are expected to be provided to shareholders in the first
quarter 2013, at which point a further announcement will be made.

For further information, please contact:

Robert Brittain, for Mobeus Equity Partners LLP, Company Secretary: 020 7024
7616