Issue of Equity

THE INCOME & GROWTH VCT PLC - Issue of Equity

PR Newswire

London, January 14

The Company announces that on 14 January 2013 it allotted and issued 1,701,451new Ordinary Shares of 1p each at a price of 116.0 pence per share.

Application will be made for the new Ordinary Shares to be admitted to theOfficial List of the UK Listing Authority and dealings are expected to commenceon or around 18 January 2013.

Following this allotment the issued share capital of the Company is 47,707,107Ordinary Shares.

These new shares in the Company have been issued subsequent to the linked offerfor subscription with Mobeus Income & Growth VCT plc and Mobeus Income & Growth4 VCT plc to raise up to £21 million, launched on 29 November 2013 ("theOffer").

A total of £6.4 million has been raised to date under the Offer of which £2.1million has been raised for The Income & Growth VCT plc.

Subject to the discretion of the Directors of the three companies actingjointly or the Offer being fully subscribed at an earlier date, the Offer willremain open until 12.00 noon on 5 April 2013 for the 2012/13 tax year and until12.00 noon on 30 April 2013 for the 2013/14 tax year.

For further information please contact:

Sarah Penfold at Mobeus Equity Partners LLP, Company Secretary, on 020 3206 7000.