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Fins Growth Inc Tst (FGT)

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Tuesday 22 November, 2011

Fins Growth Inc Tst

Notice of EGM

                                                                   NEWS RELEASE

                                                               22 November 2011

                      FINSBURY GROWTH & INCOME TRUST PLC                       

             Publication of Circular to convene a General Meeting              

Further to the announcement made by the Company on 11 November 2011 in which
the Company stated its intention to convene a General Meeting to propose
resolutions to seek further authorities to allot new Shares and disapply
pre-emption rights in respect of the issue of such new Shares, the Company is
pleased to announce that a Circular is today being posted to shareholders.

The Circular sets out the Company's intention to call a General Meeting of
Shareholders to be held at 25 Southampton Buildings, London WC2A 1AL at 9.30
a.m. on 8 December 2011 to consider and, if thought fit, approve an ordinary
resolution empowering the Directors to allot equity securities up to an amount
equal to approximately 10 per cent. of the issued share capital of the Company
and a special resolution to disapply pre-emption rights in respect of any such
issuance. Any authority granted to the Directors will expire at the conclusion
of the next Annual General Meeting of the Company.

The Company expects to publish a prospectus shortly after the General Meeting
in order to obtain Admission to the Official List of any Shares issued pursuant
to the authority conferred by the Resolutions.

Expected Timetable

Latest time and date for receipt of Forms of        9.30 a.m. on 6 December  
Proxy                                                        2011            
General Meeting to approve the Proposal             9.30 a.m. on 8 December  

Capitalised terms in this announcement have the meanings attributed to them in
the Circular.

A copy of the Circular has been submitted to the National Storage Mechanism and
will shortly be available for inspection at

The Circular will also shortly be available on the Company's website at


Mark Pope, Frostrow Capital LLP: 020 3008 4913

Jane Lewis/Alex Blake, Winterflood Investment Trusts: 020 3100 0295