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Fins Growth Inc Tst (FGT)

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Monday 09 January, 2006

Fins Growth Inc Tst

Issue of Equity

Finsbury Growth & Income Trust PLC
09 January 2006

                       FINSBURY GROWTH & INCOME TRUST PLC



                                 9 January 2006




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 278.5p 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 6 January
2006 was 273.17p per share.



The total issued share capital of the Company is now 47,031,573 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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