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Fins Growth Inc Tst (FGT)

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Monday 13 March, 2006

Fins Growth Inc Tst

Issue of Equity

Finsbury Growth & Income Trust PLC
13 March 2006



                         FINSBURY GROWTH & INCOME TRUST PLC

                                 13 March 2006

Allotment of Ordinary Shares


FINSBURY GROWTH & INCOME TRUST PLC (the 'Company') announces the allotment of
90,000 Ordinary shares of 25p each fully paid under its block listing facility.


These shares were issued today at a price of 294.75p 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 March 2006
was 286.75p per share.


The total issued share capital of the Company is now 48,036,573 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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