Dividend Declaration

The Income & Growth VCT plc (the "Company")

6 December 2012

Interim dividend in respect of the year ended 30 September 2012

The Board of The Income & Growth VCT plc is pleased to announce that the
Company will pay on 8 February 2013 an interim dividend of 6.00 pence per share
(comprising 3.00 pence from capital and 3.00 pence from income) for the year
ended 30 September 2012 to Shareholders on the Register on 18 January 2013.

The Directors will not be recommending a final dividend to Shareholders in
respect of the year ended 30 September 2012 at the Annual General Meeting of
the Company to be held in 2013.

The Directors intend that the Company's Dividend Investment Scheme will apply
to this dividend and elections under the Scheme should be received by the
Scheme Administrator, Capita Registrars, no later than Thursday, 24 January
2013.

Investors who subscribe for shares under the Mobeus VCTs' Linked offer on or
before 30 December 2012 will qualify to receive this dividend.

The dividends are tax free for qualifying shareholders.

The Board expects to announce the annual results for the year ended 30
September 2012 shortly.

For further information please contact:

Sarah Penfold at Mobeus Equity Partners LLP, the Company Secretary on 020 7024 7616