Result of AGM

Value & Income Trust plc
06 July 2007


VALUE AND INCOME TRUST PLC

Result of Annual General Meeting

The Board announces that at the Annual General Meeting held at 12.30pm today,
Friday 6 July 2007, at Donaldson House, 97 Haymarket Terrace, Edinburgh, EH12
5HD, the Ordinary Resolutions numbered 1 to 10 and the Special Resolutions
numbered 11 and 12, as set out in the Notice of Meeting within the 2007 Annual
Report, were passed.

The total number of proxy votes cast for each Resolution was as follows:


  Resolution          For and Discretionary                Against            Votes Withheld  Total Votes Cast
                     Votes          % of Votes       Votes        % of Votes                     (excl. votes
                                       Cast                          Cast                          Withheld)
      1             4,728,931           99.5         23,491           0.49              0           4,752,422
      2             4,746,120           99.9          4,774           0.10          1,528           4,750,894
      3             4,752,422          100.0              0           0.00              0           4,752,422
      4             4,704,752           99.5         23,382           0.49         23,491           4,728,134
      5             3,406,474           83.2        686,625          16.78        658,526           4,093,099
      6             4,746,879           99.9          4,746           0.10              0           4,751,625
      7             4,605,580           97.5        119,918           2.54         26,127           4,725,498
      8             4,751,625          100.0              0           0.00              0           4,751,625
      9             4,750,097          100.0          1,528           0.03              0           4,751,625
      10            4,716,403           99.3         35,222           0.74              0           4,751,625
      11            4,653,468           98.0         95,588           2.01          2,569           4,749,056
      12            4,693,851           98.8         57,512           1.21            262           4,751,363


Passing of Resolutions under Special Business

A copy of the Resolutions under passed under Special Business has been submitted
to the UK Listing Authority and will shortly be available for inspection at the
UK Listing Authority's Document Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS


Enquiries:

Edinburgh Fund Managers PLC
Secretaries
Tel. [phone]


END

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