EGM Statement

The Income & Growth VCT plc

17 September 2008

Extraordinary General Meeting

The Income & Growth VCT plc is pleased to announce that the resolution proposed
at the Extraordinary General Meeting of the Company held today, 17 September
2008 was approved by shareholders.

A quorum was not present at either of the separate class meetings of Ordinary
Shareholders and S Ordinary Shareholders held today and these were adjourned
until 10.40 am and 10.50 am, respectively, on Thursday 18 September 2008, at
Matrix Group Limited at One Vine Street, London W1J 0AH.