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Perpetual Inc&Growth (PLI)

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Thursday 05 May, 2005

Perpetual Inc&Growth

Correction : Blocklisting Application

The issuer wishes to advise that the announcement released at 10.44 today was
incorrect. The second sentence beginning 'The new shares...... should not have
appeared on the announcement. The issuer would like to apologise for any
inconvenience caused.

               Perpetual Income and Growth Investment Trust plc                

HEADLINE: Blocklisting

Perpetual Income and Growth Investment Trust plc announces that application has
been made to the London Stock Exchange and UK Listing Authority for the
blocklisting of 20,312,985 ordinary 10p shares. The blocklisting is in relation
to the future exercise of the Company's warrants.

Contact: Kelly Chandler

020 7065 4647

INVESCO Asset Management Limited

5 May 2005


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