Annual Information Update

The Income & Growth VCT plc

Annual Information Update

24 November 2008

In accordance with Prospectus Rule 5.2, the following information has been
published or made available to the public in the period from 1 October 2007 to
30 September 2008.

Announcements listed as published on the London Stock Exchange have been
published via a Regulatory Information Service and can be found on
www.londonstockexchange.com. Copies of documents filed with Companies House can
be obtained from Companies House or, if you are a registered user, through
Companies House Direct at www.direct.companieshouse.gov.uk.

Some of the information referred to below was provided as at a specific date
and may now be out of date.

Date                   Description                                           
                                                                             
STOCK EXCHANGE                                                               
                                                                             
1 October 2007         Total Voting Rights of 36,589,479 Ordinary Shares     
                                                                             
1 October 2007         Purchase for cancellation of 256,000 of the Company's 
                       own Ordinary Shares of 1p at 87.21 pence per share on 
                       28 September 2007.                                    
                                                                             
5 October 2007         Annual Information update for the twelve months to 30 
                       September 2007                                        
                                                                             
9 October 2007         Result of the Extraordinary General Meeting of the    
                       Company held on 9 October 2007 - all resolutions      
                       passed.                                               
                                                                             
1 November 2007        Total Voting Rights of 36,625,504 Ordinary Shares     
                                                                             
1 November 2007        Directors' shareholdings: Colin Hook: 0.0006%;        
                       Christopher Moore: 0.0011%                            
                                                                             
1 November 2007        Issue of 36,025 new Ordinary Shares of 1p each on 24  
                       October 2007 at a price of 104.95 pence under the     
                       Dividend Investment Scheme                            
                                                                             
30 November 2007       Final results of the Company for the year ended 30    
                       September 2008                                        
                                                                             
13 December 2007       Realisation of investment in Ministry of Cake         
                       (Holdings) Limited                                    
                                                                             
18 December 2007       Purchase for cancellation of 322,068 of the Company's 
                       own Ordinary Shares of 1p at 90.468 pence per share on
                       14 December 2007.                                     
                                                                             
20 December 2007       Offer for Subscription of up to 15,000,000 S Shares at
                       an issue price of 100 pence per S Share.              
                                                                             
31 December 2007       Total Voting Rights of 36,303,436 Ordinary Shares     
                                                                             
2 January 2008         Submission of Annual Report & Accounts for the year   
                       ended 30 September 2008 to the UKLA                   
                                                                             
6 February 2008        Result of the Annual General Meeting of the Company   
                       held on 6 February 2008 - all resolutions passed.     
                                                                             
6 February 2008        Interim Management Statement in respect of the quarter
                       ended 31 December 2007                                
                                                                             
6 February 2008        Issue of 677,226 new S Ordinary Shares of 1p each on 6
                       February 2008 at a price of 100.00 pence.             
                                                                             
6 February 2008        Directors' shareholdings - S Ordinary Shares: Colin   
                       Hook: 3.12%; Christopher Moore: 3.89%; Helen Sinclair:
                       1.56%                                                 
                                                                             
29 February 2008       Total Voting Rights - Ordinary Shares: 36,303,436; S  
                       Ordinary Shares: 677,226; Total: 36,980,662.          
                                                                             
3 March 2008           Purchase for cancellation of 296,072 of the Company's 
                       own Ordinary Shares of 1p at 90.369 pence per share on
                       3 March 2008.                                         
                                                                             
5 March 2008           Issue of 587,709 new S Ordinary Shares of 1p each on 5
                       March 2008 at a price of 100.00 pence.                
                                                                             
6 March 2008           Issue of 39,782 new Ordinary Shares of 1p each on 5   
                       March 2008 at a price of 99.17 pence under the        
                       Dividend Investment Scheme .                          
                                                                             
6 March 2008           Directors' shareholdings - Ordinary Shares: Colin     
                       Hook: 0.001%; Christopher Moore: 0.001%               
                                                                             
7 March 2008           Block listing - interim review for the period from 1  
                       September 2007 to 7 March 2008                        
                                                                             
11 March 2008          Change to management arrangements                     
                                                                             
19 March 2008          Issue of 2,484,905                                    
                                                                             
                       new S Ordinary Shares of 1p each on 19 March 2008 at a
                       price of 100.00 pence.                                
                                                                             
1 April 2008           Issue of 1,858,924 new S Ordinary Shares of 1p each on
                       1st April 2008 at a price of 100.00 pence.            
                                                                             
1 April 2008           Total Voting Rights - Ordinary Shares: 36,047,146; S  
                       Ordinary Shares: 5,608,764 ; Total: 41,655,910.       
                                                                             
4 April 2008           Issue of 4,849,286 new S Ordinary Shares of 1p each on
                       4 April 2008 at a price of 100.00 pence.              
                                                                             
7 April 2008           Issue of 1,344,242 new S Ordinary Shares of 1p each on
                       5 April 2008 at a price of 100.00 pence.              
                                                                             
30 April 2008          Total Voting Rights - Ordinary Shares: 36,047,146; S  
                       Ordinary Shares: 11,802,292; Total: 47,849,438.       
                                                                             
27 May 2008            Half-yearly results for the six months ended 31 March 
                       2008                                                  
                                                                             
24 June 2008           Purchase for cancellation of 299,429 of the Company's 
                       own Ordinary Shares of 1p at 85.725 pence per share on
                       23 June 2008.                                         
                                                                             
24 June 2008           Issue of 4,175 new S Ordinary Shares of 1p each on 18 
                       June 2008 at a price of 100.00 pence.                 
                                                                             
24 June 2008           Change of Registered office to One Vine Street, London
                       W1J 0AH                                               
                                                                             
30 June 2008           Total Voting Rights - Ordinary Shares: 35,747,717; S  
                       Ordinary Shares: 11,806,467; Total: 47,554,184.       
                                                                             
28 July 2008           Purchase for cancellation of 99,549 of the Company's  
                       own Ordinary Shares of 1p at 85.725 pence per share on
                       25 July 2008.                                         
                                                                             
31 July 2008           Total Voting Rights - Ordinary Shares: 35,648,168; S  
                       Ordinary Shares: 11,806,467; Total: 47,454,635.       
                                                                             
11 August 2008         Interim Management Statement in respect of the quarter
                       ended 30 June 2008                                    
                                                                             
4 September 2008       Block listing - interim review for the period from 8  
                       March 2008 to 2 September 2008                        
                                                                             
5 September 2008       Purchase for cancellation of 196,730 of the Company's 
                       own Ordinary Shares of 1p at 78.41 pence per share on 
                       4 September 2008.                                     
                                                                             
17 September 2008      Result of the Extraordinary General Meeting of the    
                       Company held on 17 September 2008 - all resolutions   
                       passed.                                               
                                                                             
18 September 2008      Result of Class Meetings held on 18 September 2008 -  
                       all resolutions passed                                
                                                                             
30 September 2008      Total Voting Rights - Ordinary Shares: 35,451,438; S  
                       Ordinary Shares: 11,806,467; Total: 47,257,905.       

COMPANIES HOUSE                                                              
                                                                             
09 October 2007        Change of Company name from TriVest VCT plc.          
                                                                             
23 October 2007        Form 169 Purchase of 100,000 of the Company's own     
                       shares on 13 September 2007                           
                                                                             
23 October 2007        Form 169 Purchase of 226,535 of the Company's own     
                       shares on 21 September 2007                           
                                                                             
23 October 2007        Form 169 Purchase of 136,745 of the Company's own     
                       shares on 25 September 2007                           
                                                                             
29 October 2007        New Articles of Association (approved by shareholders 
                       on 9 October 2007)                                    
                                                                             
29 October 2007        Notice of special resolutions passed at the           
                       Extraordinary General Meeting of the Company held on 9
                       October 2007                                          
                                                                             
7 November 2007        Form 169 Purchase of 256,000 of the Company's own     
                       shares on 28 September 2007                           
                                                                             
7 November 2007        RES04: Increase in authorised share capital from £    
                       850,000 to £1,100,000 passed on 9 October 2007        
                                                                             
7 November 2007        Form 88(2)R Return of allotment of 36,025 Ordinary    
                       Shares of 1p on 24 October 2007                       
                                                                             
7 November 2007        Form 123 increase in authorised share capital         
                                                                             
16 January 2008        Form 288c Director's particulars changed              
                                                                             
23 January 2008        Form 169 Purchase of 322 068 of the Company's own     
                       shares on 14 December 2007                            
                                                                             
11 February 2008       Full accounts for the year ended 30 September 2007    
                                                                             
12 February 2008       Notice of special resolutions passed at the Annual    
                       General Meeting of the Company held on 6 February 2008
                                                                             
6 March 2008           Form 88(2)R Return of allotment of 677,226 S Ordinary 
                       Shares of 1p on 6 February 2008                       
                                                                             
14 March 2008          Form 88(2)R Return of allotment of 39,782 S Ordinary  
                       Shares of 1p on 5 March 2008                          
                                                                             
18 March 2008          Form 169 Purchase of 296,072 of the Company's own     
                       shares on 3 March 2008                                
                                                                             
29 March 2008          Form 88(2)R Return of allotment of 587,709 S Ordinary 
                       Shares of 1p on 5 March 2008                          
                                                                             
29 March 2008          Form 88(2)R Return of allotment of 2,484,905 S        
                       Ordinary Shares of 1p on 19 March 2008                
                                                                             
18 April 2008          Form 88(2)R Return of allotment of 1,858,924 S        
                       Ordinary Shares of 1p on 1 April 2008                 
                                                                             
18 April 2008          Form 88(2)R Return of allotment of 4,849,286 S        
                       Ordinary Shares of 1p on 4 April 2008                 
                                                                             
18 April 2008          Form 88(2)R Return of allotment of 1,344,242 S        
                       Ordinary Shares of 1p on 5 April 2008                 
                                                                             
23 June 2008           Form 287: Change of registered office on 23/06/08     
                       from: One Jermyn Street, London SW1Y 4UH              
                                                                             
26 June 2008           Form 288c: Change of Secretary's address,             
                       Matrix-Securities Ltd                                 
                                                                             
7 July 2008            Form 88(2)R Return of allotment of 4,175 S Ordinary   
                       Shares of 1p on 18 June 2008                          
                                                                             
14 July 2008           Form 169 Purchase of 299,429 of the Company's own     
                       shares on 23 June 2008                                
                                                                             
21 August 2008         Form 169 Purchase of 99,549 of the Company's own      
                       shares on 25 July 2008                                
                                                                             
22 September 2008      New Articles of Association (approved by shareholders 
                       on 17 September 2008)                                 
                                                                             
22 September 2008      Notice of special resolutions passed at the           
                       Extraordinary General Meeting of the Company held on  
                       17 September 2008 (alteration to articles of          
                       association)                                          
                                                                             
22 September 2008      Form 363a: Annual Return of members made up to 6      
                       September 2008                                        
                                                                             
23 September 2008      Form 169 Purchase of 196,730 of the Company's own     
                       shares on 4 September 2008                            

In accordance with the provisions of Article 27.3 of the Prospectus Directive
Regulation, we confirm that to the best of our knowledge, information relating
to 'Holdings in Company' and 'Directors' Shareholdings' is up to date at the
date of this announcement but it is acknowledged that such disclosures may, at
any time, become out of date, due to changing circumstances.

Copies of information released can be obtained through the Company Secretary at
the Company's Registered Office at One Vine Street, London, W1J 0AH.