Director/PDMR Shareholding

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Matthew Oakeshott

2

Reason for the notification

a)

Position/status

Matthew Oakeshott is a Director of Value and Income Trust PLC; a beneficiary of the AIL Pension Scheme; a Trustee of The Coltstaple Trust and spouse of Dr Philippa Oakeshott

b)

Initial notification /Amendment

Amended notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Value and Income Trust PLC

b)

LEI

213800CU1PIC7GAER820

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 10p each

VIN

b)

Nature of the transaction

1) Purchase of 58,957 ordinary shares by Matthew Oakeshott at 275.00p per share;

2) Purchase of 50,000 ordinary shares by the AIL Pension Scheme at 274.70p per share;

3) Purchase of 50,000 ordinary shares by the AIL Pension Scheme at 275.00p per share;

4) Purchase of 57,085 shares by The Coltstaple Trust at 275.00p per share;

5) Purchase of 83,958 ordinary shares by Dr Philippa Oakeshott at 275.00p per share.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

300,000 Ordinary Shares of 10p each

274.95p per Ordinary Share

e)

Date of the transaction

13 and 14 November 2017

f)

Place of the transaction

London

g)

Name of contact and telephone number for queries

Mandy Kelly, Maven Capital Partners UK LLP

Company Secretary (Tel: 0141 206 0124)