Director/PDMR Shareholding

The Income & Growth VCT plc

15 February 2012

Notification of Transactions of Directors/Persons Discharging Managerial
Responsibility

The Company announces that under the Company's Dividend Investment Scheme on 15
February 2012, the following Directors were allotted and issued the numbers of
Ordinary Shares shown below at a price of 87.9 pence per Ordinary Share:

 

Director             Ordinary    Percentage            Total      Percentage of
                       shares     of issued       notifiable       issued share
                     allotted         share          holding  capital and total
                                    capital    following the      voting rights
                                   acquired      transaction      following the
                                                                    transaction
                                                                             
Colin Hook              1,775      0.0042%           49,686            0.1183%
                                                                             
Jonathan                  319      0.0007%            8,939            0.0213%
Cartwright                                                                   

This notification relates to a transaction notified in accordance with
Disclosure and Transparency Rule 3.1.4(1).

For further information please contact:

Sarah Penfold at Matrix Private Equity Partners LLP, Company Secretary, on 020
3206 7000.