Portfolio Update

Finsbury Growth & Income Trust PLC
04 April 2006



                                                                    4 April 2006



                          FINSBURY GROWTH & INCOME TRUST PLC
                                     (the 'Company')

                          QUARTERLY STATEMENT OF INVESTMENTS





In compliance with the Listing Rules - Chapter 21 Investment Entities (I)(ii),
the Company discloses the following:



  • Investments valuing greater than 5% of the Company's gross assets comprise
    the following:


Company Name                                                        Value of Investment at      % of Total
                                                                        31 March 2006       Portfolio  Assets
                                                                        
HBOS Ord GBP 0.25                                                         21,719,793              13.42
Diageo Ord GBP 0.289                                                      12,806,579               7.91
Cadbury Schweppes Ord GBP 0.125                                           11,085,360               6.85
Wolverhampton & Dudley Breweries GBP 29.5                                 10,028,319               6.20
Lloyds TSB Group Ord GBP 0.25                                             9,040,586                5.59
Barr (AG) Ord GBP 0.25                                                    8,722,000                5.39
Pearson Ord GBP 0.25                                                      8,351,070                5.16





  • The ten largest investments held by the Company comprise the following:


Company Name                                                        Value of Investment at      % of Total
                                                                         31 March 2006     Portfolio Assets
                                                                   

HBOS Ord GBP 0.25                                                         21,719,793              13.42
Diageo Ord GBP 0.289                                                      12,806,579               7.91
Cadbury Schweppes Ord GBP 0.125                                           11,085,360               6.85
Wolverhampton & Dudley Breweries GBP 29.5                                 10,028,319               6.20
Lloyds TSB Group Ord GBP 0.25                                             9,040,586                5.59
Barr (AG) Ord GBP 0.25                                                    8,722,000                5.39
Pearson Ord GBP 0.25                                                      8,351,070                5.16
Sage Group Ord 0.01                                                       7,803,338                4.82
Bradford & Bingley Ord GBP 0.25                                           7,488,750                4.63
Reed Elsevier Ord GBP 0.125                                               6,789,600                4.20







                                    - ENDS -



For further information please contact:

Tracey Lago, Company Secretary

Close Finsbury Asset Management Limited

Telephone: [phone]


                      This information is provided by RNS
            The company news service from the London Stock Exchange