Director/PDMR Shareholding

Value & Income Trust plc
29 November 2007


NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS


1)  Name of company

    VALUE AND INCOME TRUST PLC

2)  State whether notification is in respect of a transaction notified in
accordance with DR 3.1.4R(1)(a) or DR 3.1.4R(1)(b) or both

    Both

3)  Name of director

    Matthew Oakeshott

4)      State whether notification relates to a person(s) connected with a
person discharging managerial responsibilities/director named in 3 above and
identify the connected person(s)

As 3)

5) Indicate whether notification is in respect of a holding of the person named
in 3 or 4 above or in respect of a non-beneficial interest

    AS IN 3


6)  Class of security

    ORDINARY SHARES OF 10 PENCE

7)  Name of the registered shareholder(s) and, if more than one holder, the
number of shares held by each of them (if notified)

    n/a

8)  State the nature of the transaction.

    Purchase

9)  Number of shares/amount of stock acquired

    Matthew Oakeshott - 25,000

10) Percentage of issued class acquired

    Matthew Oakeshott - 0.05%

11) Number of shares/amount of stock disposed

    -

12) Percentage of issued class disposed

    -

13) Price per share

    190.0 pence

14) Date of transaction

    28 November 2007

15) Total holding and percentage holding of issued class following this
notification

    4,339,597 ORDINARY SHARES OF 10P, 9.53%


16) Date company informed

    28 November 2007



Name of contact and telephone number for queries

CHARLES MEARNS, FOR EDINBURGH FUND MANAGERS PLC, SECRETARIES

TEL: [phone]



Name and signature of authorised company official responsible for making this
notification
STUART REID


Date of Notification - 29 November 2007






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