Notice of EGM

Finsbury Growth & Income Trust PLC                       

             Publication of Circular to convene a General Meeting              

                                 11 July 2013                                  

Since the Company's Annual General Meeting (`AGM') held on Wednesday, 30
January 2013, its Ordinary Shares (`Shares') have consistently traded close to
the Net Asset Value per Share. This has enabled the Directors to use the
authority granted to them at the AGM to issue a further 6,730,338 Shares.

The Company announces that the authority granted in January 2013 has been
almost fully utilised and that it has taken the steps necessary to enable it to
continue to issue further Shares.

The Company is pleased to announce that a Circular convening a General Meeting
is today being posted to shareholders to enable the Board to continue the
policy of issuing new Shares into the market at a premium to the cum income NAV
per Share when demand arises

The Circular sets out the Company's intention to call a General Meeting of
shareholders to be held at 25 Southampton Buildings, London WC2A 1AL at 11.00
a.m. on Tuesday, 30 July 2013 to consider and, if thought fit, approve an
ordinary resolution empowering the Directors to allot equity securities up to
an amount equal to approximately 10 per cent. of the issued share capital of
the Company and a special resolution to disapply pre-emption rights in respect
of any such issuance. Any authority granted to the Directors will lapse at the
conclusion of the next Annual General Meeting of the Company.

Expected Timetable

Latest time and date for receipt of Forms of Proxy 11.00 a.m. on Friday, 26    
                                                   July 2013                   
                                                                               
General Meeting to approve the Proposal            11.00 a.m. on Tuesday, 30   
                                                   July 2013                   

A copy of the Circular has been submitted to the National Storage Mechanism and
will shortly be available for inspection at www.hemscott.com/nsm.do

The Circular will also shortly be available on the Company's website at
www.finsburygt.com

Enquiries:

Mark Pope
Frostrow Capital LLP
020 3170 8732