Interim Management Statement

Interim Management Statement - 3 months to 31 July 2013

To the members of BlackRock Income and Growth Investment Trust plc

This interim management statement has been produced solely to provide
additional information to shareholders as a body to meet the relevant
requirements of the UK Listing Authority's Disclosure and Transparency Rules.
It should not be relied on by any other party for any other reason.

This interim management statement relates to the period from 1 May 2013 to 31
July 2013, and contains information that covers this period, and up to the date
of publication of this interim management statement.

The Company's objective is to provide growth in capital and income over the
long term through investment in a diversified portfolio of principally UK
listed equities.

Stock Performance

Cumulative Performance(%):

                                  One      Three        One     Three      Five
                                Month     Months       Year     Years     Years
                                                                               
Net asset value                  6.4%       4.4%      18.7%     34.5%     21.2%
Share price                      6.2%       5.7%      24.4%     37.9%     31.4%
FSTE All-Share Total Return      6.8%       4.4%      24.3%     43.4%     53.1%
                                                                         
Sources: BlackRock and Datastream

BlackRock took over the investment management of the Company with effect from 1
April 2012. All performance figures are on a total return basis.

Financial position and performance (including income) as at 31 July 2013 
(unaudited)

Total assets (including income)                                  £47.0m
Short term borrowings (£m)                                        £2.0m
Net asset value per share (capital only)                        160.06p
Net asset value per share (cum income)*                         162.36p
Share price                                                     161.00p
Ordinary shares in issue**                                   27,729,268
Actual gearing^                                                    5.0%
Gearing range (as a % of net assets)                              0-20%
Net yield#                                                         3.4%
Discount to cum income NAV                                         0.8%

* includes net revenue of 2.30 pence per share
** excludes 5,204,664 ordinary shares held in treasury
^ gearing is calculated using debt at par, less cash and cash equivalents as
a percentage of net assets.
# based on final dividend of 3.45 pence per share in respect of the year ended
31 October 2012 and interim dividend of 2.00 pence per share in respect of the
year ending 31 October 2013

Material Events & Transactions

Material events or transactions, during the three months to 31 July 2013 and
from 1 August 2013 to the date of the publication of this report are set out
below. The Company was not involved in any material transactions during the
period other than the purchase and sale of securities undertaken in the normal
course of its business.

Half Yearly Financial Report

The Company announced its half yearly financial results for the six months
ended 30 April 2013 on 20 June 2013.

Interim dividend

The interim dividend in respect of the year ended 31 October 2013 of 2.00 pence
per share was declared on 20 June 2013 and will be paid to shareholders on the
register at the close of business on 26 July 2013 on 6 September 2013.

Share Capital

On 23 May 2013 the Company announced that it had purchased 280,000 ordinary
shares to be held in treasury at a price of 161 pence per share. A further
330,000 ordinary shares to be held in treasury were purchased on 14 August 2013
at a price of 157 pence per share.

Disclosure of Portfolio Investments

On 8 August 2013 it was announced that a full disclosure of the Company's
portfolio investments as at 30 June 2013 was available on the Company's website
at:

http://www.blackrock.co.uk/individual/literature/fund-update/blk-income-growth-portfolio.pdf

Change in NAV and Share Price

The Company announces its NAV on a daily basis which can be accessed via
http://www.blackrock.co.uk/brig under the "News" tab.

For the period 1 August 2013 to 15 August 2013 the Company's NAV decreased by
2.8% and the share price by 1.2%. 

The unaudited cum-income net asset value for BlackRock Income and Growth
Investment Trust plc at the close of business on 15 August 2013 was 157.80
pence.

The Board is not aware of any other material events or transactions except as
disclosed herein, occurring between 31 July 2013 and the date of publication of
this interim management statement which would have a material impact on the
financial position of the Company.

Contact details:

Kerry Higgins
BlackRock Investment Management (UK) Limited
Company Secretary

Tel: [phone]

16 August 2013

Please note that more detailed performance information is available on the
Investment Manager's website: www.blackrock.co.uk/brig. Neither the contents of
the Manager's website nor the contents of any website accessible from
hyperlinks on the Manager's website (or any other website) is incorporated
into, or forms part of, this announcement.