Statement re Realisation of Investment

The Income & Growth VCT plc

Investment Adviser: Matrix Private Equity Partners LLP

11 November 2011

Realisation of investment in App-DNAGroup Limited

Further to its announcement on 26 October 2011, the Board of The Income &
Growth VCT plc is pleased to announce that the sale of its investment in
App-DNA Group Limited to Citrix Systems Inc completed on 9 November 2011.

Citrix Systems Inc acquired 100% of the equity of App-DNA Group Ltd for a
consideration of $92 million delivering The Income & Growth VCT plc an initial
consideration of approximately £14.6 million. This realisation achieved a gain
of £14.4 million on an equity cost of the investment of £180,000. Total returns
received to date on this equity and loan stock investment have been £15.1
million.

In addition, approximately £1.8 million of further deferred consideration could
be receivable over the next four years, subject to various warranties. The
total consideration could therefore equate to a return of approximately 32
times the original investment.

App-DNA is a leading specialist in Application Migration and Compatibility
Software including App-DNAâ„¢ and AppTitudeâ„¢ which it distributes to blue chip
companies around the world.

App-DNA was demerged from The Income and Growth VCT plc portfolio investee
company Camwood Enterprises Limited in 2010. The Company's investment in
Camwood Enterprises Limited is not changed by this transaction.

The Income and Growth VCT plc is advised by Matrix Private Equity Partners LLP.

For further information please contact:

Robert Brittain, Company Secretary for The Income & Growth VCT plc on 020 3206
7000

Guy Blackburn, Matrix Private Equity Partners LLP on 020 3026 7272