Transaction in Own Shares and Annual Report

TRANSACTION IN OWN SECURITIES AND ANNUAL REPORT AND ACCOUNTS

TRANSACTION IN OWN SECURITIES 

The Board of Neptune-Calculus Income and Growth VCT PLC announces that on 21 March 2012 the Company purchased for cancellation 283,163 Ordinary shares of 10p at a price of 52.5p per share. Settlement of this transaction is due to take place on 20 April 2012.

After cancellation of the shares, there will 11,351,880 Ordinary shares of 10p in issue.

ANNUAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2011

A copy of the above document has been submitted to the National Storage Mechanism and will shortly be available for inspection at: http://www.hemscott.com/nsm.do.'

For further information please contact:

Lesley Watkins, Neptune-Calculus Income and Growth VCT PLC 020 7493 4940

22 March 2012