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Invesco Inc Grth Tst (IVI)

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Wednesday 20 January, 2010

Invesco Inc Grth Tst

Interim Management Statement


                        Invesco Income Growth Trust plc                        

                         Interim Management Statement                          

                   for the Three Months ended 31 December2009                   

Material Events

No material events, specifically in relation to the Company, occurred during
the period.

Dividends

During the period, a second interim of 1.85p per ordinary share was paid in
respect of the quarter ended 30 September 2009. This dividend was paid on 30
December 2009 to shareholders on the register on 4 December 2009.

The Directors have declared the third interim dividend in respect of the
quarter ended 31 December 2009 of 1.85p per ordinary share payable on 15 March
2010 to shareholders on the register on 12 February 2010.

Performance - Total Return

                              3 Months      1 Year      3 Years      5 Years   
                                                                               
Share Price                     2.2%        15.0%        -17.1%       30.6%    
                                                                               
Net Asset Value                 5.0%        21.8%        -15.4%       25.3%    
                                                                               
FTSE All-Share Index            5.5%        30.1%        -4.0%        36.8%    

Source: Fundamental Data

Share Price and Discount

                                         For the Three Months Ended 31 Dec 2009
                                                                               
                       As at 31 Dec 09       High         Low        Average   
                                                                               
Share Price                 168.8           172.5        162.5        167.4    
                                                                               
Discount                    -11.2%                                             

Source: Datastream

Assets and Gearing

                                    31 Dec 2009    30 Sept 2009      Change
                                                                           
Total Gross Assets (£m)                   125.0           121.7        2.7%
                                                                           
Cash (£m)                                     -               -           -
                                                                           
Borrowings (£m)                            13.7            14.5       -5.5%
                                                                           
Cum income Net Asset Value                190.0            183.1*      3.8%
                                                                           
(pence)                                                                    
                                                                           
Actual Gearing                              112             114            
                                                                           
Asset Gearing                               112             114            

* Ex dividend

`Actual Gearing' reflects loans drawn down, whereas `Asset Gearing' reflects
the amount of loans invested in the portfolio. A figure of 100 means that the
Company has no gearing.

Sector Breakdown of Portfolio

                           31 Dec 2009    30 Sept 2009
                                                      
Consumer Services                19.3%           17.3%
                                                      
Financials                       16.5%           18.4%
                                                      
Utilities                        12.4%           11.8%
                                                      
Industrials                      11.5%           13.4%
                                                      
Consumer Goods                   11.3%           10.9%
                                                      
Healthcare                       11.0%           10.6%
                                                      
Oil & Gas                        10.4%            8.7%
                                                      
Telecommunications                6.5%            7.8%
                                                      
Basic Materials                   1.1%            1.1%

Top Ten Holdings

Ranking Top Ten Holdings*              %         Bought/Sold      Ranking at   
                                                                               
Now                               of Portfolio    in Period       30 Sept 09   
                                                                               
1       GlaxoSmithKline               5.2%            S               2        
                                                                               
2       AstraZeneca                   5.0%            -               3        
                                                                               
3       BP                            4.9%            -               4        
                                                                               
4       Imperial Tobacco              4.9%            -               5        
                                                                               
5       British American Tobacco      4.5%            -               6        
                                                                               
6       Royal Dutch Shell             4.2%            -               7        
                                                                               
7       Vodafone                      4.0%            S               1        
                                                                               
8       HSBC                          3.9%            -               8        
                                                                               
9       National Grid                 3.6%            S               10       
                                                                               
10      Tesco                         3.0%            S               11       

* Ordinary shares unless otherwise stated

Changes to Share Capital

                             Ordinary Shares of 25p each
                                                        
                                    Issued   Treasury   
                                                        
As at 30 Sept 2009              58,551,530       0      
                                                        
Shares bought back                       0       0      
                                                        
Shares issued                            0       0      
                                                        
As at 31 Dec 2009               58,551,530       0      

The Company has authority to buy back shares (for cancellation or into
treasury) and to issue new shares (disapplying pre-emption rights), in each
case within specified limits. The Company expects to renew these authorities at
the Annual General Meeting each year.

Administration

The Company's Ordinary shares are listed on the London Stock Exchange and the
price is published in the Financial Times under `Investment Companies' and in
the Daily Telegraph under `Investment Trusts'.

The Company's net asset value is calculated on a daily basis and can be viewed
on the London Stock Exchange website at www.londonstockexchange.com.

Further information can be obtained from Invesco Perpetual as follows:

Free Investor Helpline: 0800 085 8677

Internet address: www.invescoperpetual.co.uk/investmenttrusts

The information provided in this statement should not be considered as a
financial promotion.

Interim management statements are normally expected to be published in January
and July each year.

For and on behalf of

Invesco Asset Management Limited

20 January 2010