4 November 2008
India Capital Growth Fund Limited
(the 'Company')
Re: Dealings by Directors
Pursuant to the AIM Rules (17) the Company is obliged to notify the RNS of Directors' holdings or interests of the Directors' or their connected persons in shares of the Company.
The Company was notified on 3 November 2008 that the following holding of Ordinary Shares was acquired on 31 October 2008 and are beneficially by the Chairman of the Company, Micky Ingall:
100,000 ordinary shares at 32.00 pence per share.
Following this purchase of Ordinary Shares the total holding of Micky Ingall and his immediate family in the Company is now:
350,000 ordinary shares held by Micky Ingall
200,000 ordinary shares held by Jane Ingall
50,000 warrants held by Micky Ingall
All Enquiries:
Andrew Maiden
Northern Trust International Fund Administration Services (Guernsey) Limited
Trafalgar Court
Les Banques
St Peter Port
Guernsey
GY1 3QL
Tel: +44 (0) 1481 745 368