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Invesco Inc Grth Tst (IVI)

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Thursday 15 July, 2004

Invesco Inc Grth Tst

Management arrangements

                        INVESCO Income Growth Trust plc                        

HEADLINE: Management arrangements

The Board has been informed by its manager, INVESCO Asset Management Limited ,
that Graham Kitchen who is the Company's lead portfolio manager , will be
leaving INVESCO at the end of the summer for personal reasons. The Board has
been assured by INVESCO that this will not result in any change to the style in
which the Company's portfolio is managed. However, the Board will review
carefully with INVESCO the ir proposed future arrangements for the management
of the Company and will make a further announcement in due course.

Contact: Graeme Proudfoot - INVESCO Asset Management Limited

020 7065 3519

John McLachlan, Chairman

020 7065 3644

15 July 2004