Issue of Equity

The Income & Growth VCT plc

20 June 2017

Issue of Equity

The Company announces that on 20 June 2017 it allotted and issued 468,318 new Ordinary Shares of 1p each under the Company's Dividend Investment Scheme ("the Scheme") at a price of 83.00 pence per share.

Application will be made for the new Ordinary Shares to be admitted to the Official List of the UK Listing Authority and dealings are expected to commence on or around 26 June 2017.

Following this allotment, the issued share capital of the Company is 72,937,089 Ordinary Shares.

For further information please contact:

Robert King at Mobeus Equity Partners LLP, Company Secretary, on 020 7024 7600.