Correction : Issue of Equity

The headline incorrectly stated 'Transaction in own Shares' it should have
stated 'Issue of Equity'

FINSBURY GROWTH & INCOME TRUST PLC

Allotment of Ordinary Shares

On 21 September 2015 FINSBURY GROWTH & INCOME TRUST PLC (the “Company”) allotted from its block listing authority of 20 July 2015 25,000 new Ordinary shares of 25p each at a price of 560.25 pence per share; these shares rank pari passu with the existing Ordinary shares in issue. The issue price equates to a premium to the cum income net asset value per share at the time of the transaction of 0.7%, such premium including a placing commission of 0.2%.

Following this issue, the Company has the ability to issue a further 7,276,501 ordinary shares under its blocklisting facility.

As a result of this allotment, the total number of ordinary shares in issue now stands at 120,240,212 and the total number of voting rights in the Company is 120,240,212. There are no shares held in treasury.

The above figure of 120,240,212 may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA’s Disclosure and Transparency Rules.

Enquiries:

Victoria Hale  

Frostrow Capital LLP             

Tel: [phone]