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Fins Growth Inc Tst (FGT)

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Friday 16 December, 2005

Fins Growth Inc Tst

Issue of Equity

Finsbury Growth & Income Trust PLC
16 December 2005

                    FINSBURY GROWTH & INCOME TRUST PLC



                                16 December 2005







Allotment of Ordinary Shares





FINSBURY GROWTH & INCOME TRUST PLC (the 'Company') announces the allotment of
200,000 Ordinary shares of 25p each fully paid under its block listing facility.



These shares were issued yesterday at a price of 268.0p 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 14 December
2005 was 263.41p per share.



The total issued share capital of the Company is now 46,731,573 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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