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Fins Growth Inc Tst (FGT)

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Thursday 27 April, 2006

Fins Growth Inc Tst

Issue of Equity

Finsbury Growth & Income Trust PLC
27 April 2006

                       FINSBURY GROWTH & INCOME TRUST PLC


                                 27 April 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 295.0p per share, which equates to
a premium to the estimated net asset value at the time of transaction of 1.6%.

The net asset value per Ordinary share at the close of business on 26 April 2006
was 291.95p per share.

The total issued share capital of the Company is now 48,561,573 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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