Net Asset Value(s)

FINSBURY GROWTH & INCOME TRUST PLC

NET ASSET VALUE

Undiluted

The estimated un-audited net asset value, calculated in accordance with the
guidelines of the Association of Investment Companies, for Finsbury Growth &
Income Trust PLC at the close of business on 4 May 2010 was 276.57p (ex income)
277.04p (cum income).

Fully Diluted

The estimated un-audited net asset value, assuming the reissue of all of the
2,083,011 shares currently held in treasury, at the closing mid-market share
price on 4 May 2010 was 275.93p (ex income) 276.39p (cum income).

For and on behalf of the Board

Frostrow Capital LLP

Secretary

5 May 2010