Circular re VCT Enhanced Buyback Facility

THE INCOME & GROWTH VCT PLC - Circular re VCT Enhanced Buyback Facility

PR Newswire

London, January 25

The board of directors ("Board") of The Income & Growth VCT PLC ("the Company")is today sending out a circular ("Circular") to shareholders in relation to aproposed enhanced buyback facility, such scheme being for up to 50% of theissued share capital of the Company ("Enhanced Buyback Facility").

Implementation of the Enhanced Buyback Facility is subject to shareholderapproval being provided at a general meeting convened for 22 March 2013pursuant to the Circular. The Enhanced Buyback Facility has opened today forapplication.

Enhanced Buyback Facility

The Company is offering to purchase up to a maximum of 23,853,553 existingshares, which represent 50% of the issued share capital as at 24 January 2013,subject to the proceeds of sale being reinvested in new shares.

The record date to be eligible to participate in the Enhanced Buyback Facilityis 5.00 p.m. on 24 January 2013.

The closing date for applications pursuant to the Enhanced Buyback Facility is12.00 noon on 20 March 2013.

Further details on the Enhanced Buyback Facility, the terms and conditionsthereof and the tax consequences of participating, are set out in the Circularand application form. Shareholders are advised to consult their independentfinancial adviser.

Availability of Documents

The Circular has been submitted to the Financial Services Authority and willshortly be available for inspection both at the National Storage Mechanism,which is located at:

http://www.hemscott.com/nsm.do

and the Company's website:

wwww.incomeandgrowthvct.co.uk

For further information, please contact:

Investment Manager to the Companies