Block listing Application

FINSBURY GROWTH & INCOME TRUST PLC

5 April 2012

Blocklisting application

Finsbury Growth & Income Trust PLC has made a block listing application to the
UK Listing Authority in respect of 7,519,838 ordinary shares of 25p each to be
admitted to the Official List and to the London Stock Exchange for the shares
to be admitted to trading on its main market.

Shares issued under the block listing will be used to satisfy demand that
cannot be met through the secondary market. The block listing is expected to
become effective at 8:00 a.m. on 11 April 2012.

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Enquiries:

Mark Pope                               020 3008 4913                          
                                                                               
Frostrow Capital LLP                                                           
                                                                               
Jane Lewis                              020 3100 0295                          
                                                                               
Winterflood Investment Trusts