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Fins Growth Inc Tst (FGT)

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Tuesday 28 February, 2006

Fins Growth Inc Tst

Issue of Equity

Finsbury Growth & Income Trust PLC
28 February 2006


                      FINSBURY GROWTH & INCOME TRUST PLC

                                28 February 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 293.0p 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 27 February
2006 was 289.15p per share.

The total issued share capital of the Company is now 47,896,573 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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