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Fins Growth Inc Tst (FGT)

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Wednesday 09 August, 2006

Fins Growth Inc Tst

Issue of Equity

Finsbury Growth & Income Trust PLC
09 August 2006


                      FINSBURY GROWTH & INCOME TRUST PLC

                                 9 August 2006



Allotment of Ordinary Shares


FINSBURY GROWTH & INCOME TRUST PLC (the 'Company') announces the allotment of
150,000 Ordinary shares of 25p each fully paid under its block listing facility.


These shares were issued today at a price of 282.50p 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 8 August 2006
was 277.56p per share.


The total issued share capital of the Company is now 49,036,573 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


                      This information is provided by RNS
            The company news service from the London Stock Exchange