AGM Statement

Value & Income Trust plc
08 July 2005

8 July 2005

VALUE AND INCOME TRUST PLC

Result of Annual General Meeting

At the Annual General Meeting of Value and Income Trust PLC held today, 8 July
2005, all resolutions put to the meeting were passed.

The total number of proxy votes lodged for each resolution, excluding votes
withheld, is as follows:


Resolution          No. of Votes               No. of Votes
Number              For/Discretion             Against
1                   6,174,307                  4
2                   6,158,886                  3,508
3                   6,197,277                  Nil
4                   5,377,348                  816,675
5                   6,191,965                  2,058
6                   5,991,103                  202,920
7                   6,115,798                  78,225
8                   6,197,277                  Nil
9                   6,197,277                  Nil
10                  6,160,880                  28,476


Enquiries:

Stuart Reid
Edinburgh Fund Managers PLC
Secretaries
0131 313 1000

END


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