Allotment of New Shares

Finsbury Growth & Income Trust PLC 29 April 2005 FINSBURY GROWTH & INCOME TRUST PLC 29 APRIL 2005 Allotment of Ordinary Shares FINSBURY GROWTH & INCOME TRUST PLC (the 'Company') announces the allotment of 150,000 Ordinary shares of 25p each fully paid under its block listing facility. These shares were issued today at a price of 235.00p per share, which equates to a premium to the estimated net asset value at the time of transaction of 1.5%. The net asset value per Ordinary share at the close of business on 28 April 2005 was 229.83p per share. The total issued share capital of the Company is now 42,626,430 Ordinary shares of 25p each. - Ends - Enquiries: Alastair Smith Close Finsbury Asset Management Ltd 020 7426 6240 Tracey Lago Close Finsbury Asset Management Ltd 020 7426 6219 This information is provided by RNS The company news service from the London Stock Exchange
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