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Invesco Inc Grth Tst (IVI)

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Thursday 12 January, 2012

Invesco Inc Grth Tst

Interim Management Statement


                        Invesco Income Growth Trust plc                        

                         Interim Management Statement                          

                   for the Three Months ended 31 December 2011                   

Material Events

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


Dividends

During the period, a second interim of 1.95p per ordinary share was paid in
respect of the Company's financial year ending 31 March 2012. This dividend was
paid on 30 December 2011 to shareholders on the register on 9 December 2011.

The Directors have declared the third interim dividend in for the financial
year of 1.95p per ordinary share payable on 15 March 2012 to shareholders on
the register on 24 February 2012.


Performance - Total Return

                              3 Months      1 Year      3 Years      5 Years   
                                                                               
Share Price                     9.0%        10.0%        50.5%         8.5%    
                                                                               
Net Asset Value                 9.1%         5.0%        45.8%         1.3%    
                                                                               
FTSE All-Share Index            8.4%        -3.5%        43.9%         6.2%    


Source: Thomson Reuters

Share Price and Discount

                            As at        For the Three Months Ended 31 Dec 2011
                                                                               
                         31 Dec 2011         High         Low        Average   
                                                                               
Share Price                 200.5           203.5        184.0        193.6    
                                                                               
Discount                     4.0%                                              

Source: Thomson Reuters

Assets and Gearing

                                     31 Dec 2011                           
                                                                           
Total Gross Assets (£m)                    136.0                           
                                                                           
Cash (£m)                                      -                           
                                                                           
Borrowings (£m)                             13.8                           
                                                                           
Cum income Net Asset Value                 208.8                           
                                                                           
(pence)                                                                    
                                                                           
Gross Gearing                              11.3%                           
                                                                           
Net Gearing                                 8.7%                           

`Gross Gearing' reflects loans drawn down, whereas `Net Gearing' reflects the
amount of loans, i.e. loans less cash and bond holdings, in use by the Company.
It is calculated by taking the aggregate of net loans and shareholders' funds
and dividing by shareholders' funds.


Sector Breakdown of Portfolio

                                    31 Dec 2011
                                               
Consumer Services                         20.6%
                                               
Utilities                                 14.1%
                                               
Financials                                13.0%
                                               
Consumer Goods                            12.4%
                                               
Industrials                               11.8%
                                               
Healthcare                                10.6%
                                               
Oil & Gas                                  9.7%
                                               
Telecommunications                         6.1%
                                               
Basic Materials                            1.7%

Top Ten Holdings

Ranking    Top Ten Holdings at 31 Dec 11*               %
                                                         
                                             of Portfolio
                                                         
1          British American Tobacco                  5.2%
                                                         
2          Imperial Tobacco                          5.0%
                                                         
3          GlaxoSmithKline                           4.8%
                                                         
4          AstraZeneca                               4.3%
                                                         
5          Vodafone                                  4.1%
                                                         
6          BP                                        3.6%
                                                         
7          HSBC                                      3.5%
                                                         
8          Royal Dutch Shell B                       3.4%
                                                         
9          SSE                                       2.8%
                                                         
10         Tesco                                     2.6%

* All Ordinary shares


Changes to Share Capital

                              Ordinary Shares of 25p each
                                                         
                                    Issued       Treasury
                                                         
As at 30 Sep 2011               58,551,530              0
                                                         
Shares bought back                       0              0
                                                         
Shares issued                            0              0
                                                         
As at 31 Dec 2011               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, The Daily Telegraph, The Times and The Independent.

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.

For and on behalf of

Invesco Asset Management Limited

- Company Secretary

12 January 2012