Publication of Circular to Convene a General Me...

Finsbury Growth & Income Trust PLC                       

             Publication of Circular to convene a General Meeting              

                                 25 April 2012                                 

Further to the announcement made by the Company on 24 April 2012 in which the
Company stated its intention to convene a General Meeting to propose
resolutions to seek further authorities to allot new Shares and disapply
pre-emption rights in respect of the issue of such new Shares, the Company is
pleased to announce that a Circular is today being posted to shareholders.

The Circular sets out the Company's intention to call a General Meeting of
shareholders to be held at 25 Southampton Buildings, London WC2A 1AL at 9.00
a.m. on Friday, 11 May 2012 to consider and, if thought fit, approve an
ordinary resolution empowering the Directors to allot equity securities up to
an amount equal to approximately 10 per cent. of the issued share capital of
the Company and a special resolution to disapply pre-emption rights in respect
of any such issuance. Any authority granted to the Directors will lapse at the
conclusion of the next Annual General Meeting of the Company.

Expected Timetable

Latest time and date for receipt of Forms of Proxy  9.00 a.m. on Wednesday, 9   
                                                    May 2012                    
                                                                               
General Meeting to approve the Proposal             9.00 a.m. on Friday, 11 May 
                                                    2012                        

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

The Circular will also shortly be available on the Company's website at
www.finsburygt.com

Enquiries:

Mark Pope

Frostrow Capital LLP

020 3008 4913