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Fins Growth Inc Tst (FGT)

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Wednesday 09 June, 2004

Fins Growth Inc Tst

Treasury Stock

Finsbury Growth & Income Trust PLC
09 June 2004

                                                                    NEWS RELEASE

                                                                     9 June 2004




                       FINSBURY GROWTH & INCOME TRUST PLC

                                (the 'Company')


                   SALE OF COMPANY'S OWN SHARES FROM TREASURY




Notification is given pursuant to the authority granted at the Extraordinary
General Meeting of the Company held on 10 May 2004 to sell shares held by the
Company as treasury shares up to an aggregate nominal value of £485,705, or, if
less, the number representing 5 per cent. of the issued ordinary share capital
of the Company.


That, a market total of 150,000 ordinary shares of 25p each were sold by the
Company today from shares held in treasury at a price of 186.50p per share which
equates to a discount to net asset value of 3.73%.


The resultant total number of ordinary shares held in treasury by the Company is
3,425,000. The number of ordinary shares that the Company has in issue, less the
total number of ordinary shares held by the Company in treasury following such
sale, is 35,031,430.




For and on behalf of

Close Finsbury Asset Management Limited

Company Secretary


For further information, please contact:


Alastair Smith

Close Finsbury Asset Management Limited

Tel: 020 7426 6240


Tracey Lago

Close Finsbury Asset Management Limited

Tel: 020 7426 6219


Nick Train

Lindsell Train Limited

Tel: 020 7225 6411


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