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LMI Income & Growth (LIG)

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Thursday 29 March, 2001

LMI Income & Growth

Additional Listing

Leggmason Inv Inc & Grwth Tst PLC
29 March 2001


LEGGMASON INVESTORS INCOME & GROWTH TRUST PLC

Placing of 7,700,000 Ordinary Shares


The Company has today placed 7,700,000 Ordinary Shares of 25p each at 57p per
share (the 'New Shares').

Application has been made to the UK Listing Authority for the New Shares to be
admitted to the Official List and to the London Stock Exchange for the New
Shares to be admitted to trading on the London Stock Exchange's market for
listing securities. It is expected that such admission will become effective
and that dealings in the New Shares will commence on Friday 30 March, 2001.

The new Ordinary Shares will not be entitled to the interim dividend to be
paid in June 2001 but will rank pari passu with the Ordinary Shares in respect
of all dividends declared thereafter.

The issued share capital following the admission to listing of the New Shares
will be 85.7 million Ordinary Shares.


Enquiries:


Alan Kerr

LeggMason Investors Asset Managers plc Tel: 020 7537 0000


James King

Collins Stewart Tel: 020 7522 9977