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Perpetual Inc&Growth (PLI)

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Monday 29 December, 2008

Perpetual Inc&Growth

Issue of Equity

Perpetual Income & Growth Investment Trust plc

HEADLINE: Issue of Equity

The Board of Perpetual Income and Growth Investment Trust plc (the `Company')
announces that 728,540 ordinary shares of 10p each in the Company will be
issued and allotted at a price of 200p per ordinary share on 29 December 2008.

The new ordinary shares will rank pari passu with the existing shares and
trading on the London Stock Exchange's main market for listed securities is
expected to commence on 29 December 2008.

Following this issue and allotment the total number of ordinary shares in issue
is 208,404,620.

Karina Bryant

for and on behalf of

Invesco Asset Management Limited

29 December 2008


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