Issue of Equity

The Income & Growth VCT plc

1 July 2013

Issue of Equity

The Company announces that on 1 July 2013 it allotted and issued 392,188 new
Ordinary Shares of 1p each under the Company's Dividend Investment Scheme ("the
Scheme") at a price of 96.0 pence per share.

Application will be made for the new Ordinary Shares to be admitted to the
Official List of the UK Listing Authority and dealings are expected to commence
on or around 5 July 2013.

Following these allotments, the issued share capital of the Company is
53,313,333 Ordinary Shares.

For further information please contact:

Sarah Penfold at Mobeus Equity Partners LLP, Company Secretary, on 020 7024 7616.