Publication of Prospectus

NEWS RELEASE 12 December 2011 Finsbury Growth & Income Trust PLC Publication of prospectus Further to the Resolutions passed at the General Meeting on 8 December 2011 giving the Directors authority to allot new Shares and disapply pre-emption rights in respect of the issue of such new Shares, the Company is pleased to announce the publication today of a Prospectus to obtain Admission to the Official List of any Shares issued pursuant to the authority conferred by the Resolutions. A copy of the Prospectus has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do The Prospectus will also be available shortly on the Company's website, www.finsburygt.com A copy of the Prospectus can be viewed at the offices of Frostrow Capital LLP, 25 Southampton Buildings, London WC2A 1AL. Applications have been made to the UKLA for the block listing of 5,824,216 new Ordinary Shares on the Official List and to the London Stock Exchange for the admission to trading on the main market for listed securities. Enquiries: Mark Pope, Frostrow Capital LLP: 020 3008 4913 Jane Lewis, Winterflood Investment Trusts: 020 3100 0295
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