Interim Management Statement

To the members of BlackRock Income and Growth Investment Trust plc

This interim management statement has been produced solely to provide
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 November 2013 to
31 January 2014, 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 (% with income reinvested) to 31 January 2014:

                              One    Three      One     Since    Three     Five
                            Month   Months     Year   1 April    Years    Years
                                                         2012                  
                                                                               
Share price                 -1.5%    -0.5%     8.1%     31.1%    20.9%   104.1%
Net asset value             -2.7%    -0.1%     9.0%     21.6%    20.5%   100.3%
FTSE All-Share Total 
Return                      -3.1%    -2.0%    10.1%     24.0%    27.6%   100.9%
                                                                   

Sources: BlackRock and Datastream

BlackRock took over the investment management of the Company with effect from 1
April 2012.

Financial position and performance (including income) as at 31 January 2014
(unaudited)

Total assets (including income) (£m)                                       47.1
Short term borrowings (£m)                                                  2.0
Net asset value per share (capital only)                                161.42p
Net asset value per share (cum income)*                                 165.90p
Share price                                                             163.75p
Ordinary shares in issue***                                          27,204,268
Actual gearing^                                                            2.6%
Net yield**                                                                3.4%
Discount to cum income NAV                                                 1.3%

* includes net revenue of 4.48 pence per share

** based on the interim dividend of 2.00 pence per share and the final dividend
of 3.50 pence per share in respect of the year ended 31 October 2013

*** excludes 5,729,664 ordinary shares held in treasury

^ gearing is calculated using debt at par, less cash and cash equivalents as
a percentage of net assets.

Material Events & Transactions

Material events or transactions, during the three months to 31 January 2014 and
from 1 February 2014 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.

Annual General Meeting

At the Company's Annual General Meeting held on Tuesday, 11 February 2014, all
resolutions were passed.

Final dividend

The final dividend in respect of the year ended 31 October 2013 of 3.50 pence
per share was declared on 20 December 2013 and will be paid to shareholders on
the register at the close of business on 14 February 2014 on 7 March 2014.

Financial Report

The Company announced its financial results for the year ended 31 October 2013
on 20 December 2013.

Purchase of Shares

195,000 ordinary shares in the Company were purchased and placed in treasury
for a total consideration of £314,000 (excluding costs) on 3 December 2013.

Portfolio Manager

The Board was pleased to welcome Mark Wharrier, as co-manager of the fund,
alongside Adam Avigdori with effect from 24 September 2013.

Change in NAV and Share Price

For the period 1 November 2013 to 14 February 2014 the Company's NAV rose by
2.2% and the share price by 1.4% (all percentages with income reinvested). 

The Board is not aware of any other material events or transactions, except as
disclosed herein, occurring between 1 November 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]

18 February 2014

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.

Interim Management Statement - 3 months to 31 January 2014