Directorate Change

26 October 2017

FINSBURY GROWTH & INCOME TRUST PLC

(the “Company”)

Appointment of New Directors

The Board of Finsbury Growth & Income Trust PLC is pleased to announce the appointments of Kate Cornish-Bowden and Lorna Tilbian as independent non-executive Directors of the Company, with immediate effect.

Kate worked for Morgan Stanley Investment Management for 12 years, where she was Managing Director and head of Morgan Stanley Investment Management’s Global Core Equity team. Kate is an experienced equity portfolio manager having managed funds on behalf of both retail investors and pensions funds. Prior to joining Morgan Stanley, Kate spent two years as a research analyst at M&G Investment Management. Kate is a non-executive Director and Chairman of the Audit Committee of Calculus VCT plc, a non-executive Director and Chairman of the Remuneration Committee of Scancell Holdings plc and a non-executive Director of Arcis Biotechnology Holdings Limited.  She is a Chartered Financial Analyst (CFA), holds a Masters in Business Administration (MBA), and has completed the Financial Times Non-Executive Director Diploma.

Lorna was formerly an Executive Director of Numis Corporation PLC and a Director of WestLb Panmure Limited and S G Warburg Securities. She is a non-executive Director of Jupiter UK Growth Investment Trust PLC and a non-executive Director of ProVen VCT PLC.

The Chairman of Finsbury Growth & Income Trust PLC, Mr Anthony Townsend, commented:

“My fellow Directors and I are delighted to welcome Kate and Lorna to the Board. We are very pleased to have appointed directors with extensive industry and financial expertise.”

Their appointment will be proposed to shareholders for ratification at the Annual General Meeting of the Company to be held in January 2018.

There is no further information to be disclosed under Listing Rule 9.6.13R(2) to (6).

- ENDS-