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Fins Growth Inc Tst (FGT)

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Wednesday 25 January, 2006

Fins Growth Inc Tst

Issue of Equity

Finsbury Growth & Income Trust PLC
25 January 2006

                       FINSBURY GROWTH & INCOME TRUST PLC

                                25 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 279.5p 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 24 January
2006 was 274.47p per share.

The total issued share capital of the Company is now 47,381,573 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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