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Invesco Inc Grth Tst (IVI)

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Friday 11 January, 2008

Invesco Inc Grth Tst

Interim Management Statement

                        Invesco Income Growth Trust plc                        

                         Interim Management Statement                          

                   for the Three Months ended 31 December 2007                   

Material Events

No material events occurred during the period.


During the period, a second interim dividend of 1.75p was paid in respect of
the quarter ended 30 September 2007. This dividend was paid on 31 December 2007
to shareholders on the register on 7 December 2007.

Performance - Total Return

                              3 Months      1 Year      3 Years      5 Years   
Share Price                    -2.8%         1.0%        59.1%        111.2%   
Net Asset Value                -0.3%         2.4%        51.6%        118.7%   
FTSE All-Share Index           -0.3%         5.3%        50.1%        104.6%   

Source: Fundamental Data

Share Price and Discount

                                         For the Three Months Ended 31 December
                       As at 31 Dec 07       High         Low        Average   
Share Price                227.75p         248.00p      219.00p       233.3p   
Discount                     8.9%           10.4%         5.1%         7.7%    

Source: Datastream

Assets and Gearing

                           31 Dec 2007   30 Sept 2007         Change
Total Gross Assets (£m)          159.2          164.8          -3.4%
Cash (£m)                            -              -               
Borrowings (£m)                   12.8           14.9               
Net Asset Value (pence)          250.1        † 254.4          -1.7%
Actual Gearing                     109            110               
Effective Gearing                  109            110               

† - ex-final 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 2007    30 Sept 2007
Financial                        19.7%           21.5%
Consumer Services                16.1%           16.6%
Industrials                      13.6%           13.8%
Consumer Goods                   12.5%           10.9%
Utilities                        10.9%           10.7%
Oil & Gas                         9.5%            8.6%
Telecommunications                9.3%            9.2%
Health Care                       7.0%            6.6%
Basic Materials                   1.4%            2.1%

Changes to Portfolio

Ranking   Top Ten Holdings*      % of Portfolio   Bought/Sold     Ranking at   
Now                                     %          in Period     30 Sept 2007  
1         Vodafone                     6.0             S               1       
2         BP                           5.3             -               2       
3         Imperial Tobacco             5.1             -               3       
4         GlaxoSmithKline              4.3             B               5       
5         Royal Dutch Shell            4.2             -               4       
6         British American             4.1             -               8       
7         Royal Bank of Scotland       3.7             B               6       
8         National Grid                3.5             -               9       
9         BT                           3.3             -               7       
10        Tesco                        3.3             -              11       

* Ordinary shares unless otherwise stated

Changes to Share Capital

                             Ordinary Shares of 25p each
                                    Issued   Treasury   
As at 30 Sept 2007              58,551,530       0      
Shares bought back                       0       0      
Shares issued                            0       0      
As at 31 Dec 2007               58,551,530       0      


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

Further information can be obtained from Invesco Perpetual as follows:

Free Investor Helpline: 0800 085 8677

Internet address:

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

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

For and on behalf of

Invesco Asset Management Limited

11 January 2008


a d v e r t i s e m e n t