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Fins Growth Inc Tst (FGT)

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Tuesday 13 September, 2005

Fins Growth Inc Tst

Issue of Equity

Finsbury Growth & Income Trust PLC
13 September 2005


                        FINSBURY GROWTH & INCOME TRUST PLC

                               13 September 2005



Allotment of Ordinary Shares



FINSBURY GROWTH & INCOME TRUST PLC (the 'Company') announces the allotment of
50,000 Ordinary shares of 25p each fully paid under its block listing facility.



These shares were issued today at a price of 258.0p per share, which equates to
a premium to the estimated net asset value at the time of transaction of 1.5%.



The net asset value per Ordinary share at the close of business on 12 September
2005 was 254.95p per share.



The total issued share capital of the Company is now 44,798,643 Ordinary shares
of 25p each.



                                    - Ends -


Enquiries:



Alastair Smith       Close Finsbury Asset Management Ltd       020 7426 6240

Tracey Lago          Close Finsbury Asset Management Ltd       020 7426 6219


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