Net Asset Value-Replacement

Finsbury Growth & Income Trust PLC
09 November 2005


This announcement replaces the Net Asset Value announcement released today at
11.39 under RNS number 8701T. The original figure was calculated incorrectly.
All other details remain unchanged.



FINSBURY GROWTH & INCOME TRUST PLC

NET ASSET VALUE

The estimated un-audited net asset value, calculated in accordance with the
guidelines of the Association of Investment Trust Companies, for Finsbury Growth
& Income Trust PLC at the close of business on 8 November 2005 was 254.74p (ex
income).

For and on behalf of the Board

Close Finsbury Asset Management Limited

Secretary

9 November 2005


                      This information is provided by RNS
            The company news service from the London Stock Exchange