Dividend Declaration

Finsbury Growth & Income Trust PLC
14 March 2005


                                                                    NEWS RELEASE
                                                                   14 March 2005


                            FINSBURY GROWTH & INCOME TRUST PLC

                                    Interim Dividend


The Company declares an interim dividend of 4.0p per Ordinary share.


Such dividend will become payable on 26 April 2005 to holders on the register as
at 29 March 2005. The shares will go ex-dividend on 23 March 2005.


                                    - end -


For further information please contact:

Tracey Lago, Company Secretary

Close Finsbury Asset Management Limited

Telephone [phone]

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