Close Period Transactions

Value & Income Trust plc
09 October 2007

9 October 2007



VALUE AND INCOME TRUST PLC ('the Company')



Value and Income Trust PLC announces that it is satisfied, by virtue of the
points listed below, that all inside information which the Directors and the
Company may have in the period leading up to the announcement of the Half-Yearly
Financial Report, has been notified to a Regulated Information Service ('RIS')
and that the Company is thereby exempted from the provisions of the Model Code
in relation to closed periods for any dealings by persons discharging managerial
responsibilities in the Company and any purchases by the Company of its own
securities.



In so stating the Company has regard to;



1)   the announcement on 8 October 2007 of the Net Asset Value per share as
     of the close of business on 30 September 2007,

2)   the Company's belief, following reasonable enquiries, that there will be
     no material difference between the Net Asset Value information published on 
     8 October 2007 and that to be included in the forthcoming Half-Yearly 
     Financial Report,

3)   the Company's practice of calculating Net Asset Values per share at the
     end of each month and the announcement of these Net Asset Values to an RIS; 
     and

4)   there being no other unpublished information which constitutes price
     sensitive information in respect of the Company's securities.





This announcement is issued pursuant to paragraph 15.5.1 of the FSA Listing
Rules as amended with effect from 28 September 2007.








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