Transaction in Own Shares

The Income & Growth VCT plc ("the Company")

8 August 2011

Transaction in the Company's own shares for cancellation

The Income & Growth VCT plc announces that on 5 August 2011 it purchased for
cancellation 345,981 of the Company's own Ordinary Shares at a price of 89.555
pence per share.

Following this purchase the Company now has 40,767,048 Ordinary Shares in
issue.