Result of EGM

THE INCOME & GROWTH VCT PLC

Result of General Meeting

22 February 2013

The Board is pleased to announce that at the general meeting of the Company
held on 22 February 2013, the resolutions proposed in connection with the
Enhanced Buyback Facility and other matters, as set out in the Company's
circular to shareholders dated 25 January 2013, were duly passed on a show of
hands as follows:

  * Resolution 1 to: (i) authorise the directors to purchase shares in the
    capital of the Company, (ii) authorise the directors to allot and issue new
    shares in the capital of the Company and (iii) disapply pre-emption rights
    in respect of the allotment of such new shares, in each case pursuant to
    the Company's enhanced buyback facility - 99.1% of proxy votes received
    being in favour (or at the chairman's discretion);
   
  * Resolution 2 to cancel the amount standing to the credit of the share
    premium account of the Company as at 25 January 2013 - 98.99% of proxy
    votes received being in favour (or at the chairman's discretion);
   
  * Resolution 3 to cancel share premium and capital redemption reserves -
    98.89% of proxy votes received being in favour (or at the chairman's
    discretion);
   
Following the passing of the resolutions at the general meeting, the Board is
also pleased to confirm that the terms of the Enhanced Buyback Facility may now
be fully implemented.

Copies of the resolutions passed at the above meeting will shortly be available
for inspection on the Company's website (http://www.incomeandgrowthvct.co.uk)
as well as at the National Storage Mechanism (www.morningstar.co.uk/uk/NSM).

For further information please contact:

Sarah Penfold

Mobeus Equity Partners LLP

Company Secretary

Telephone: [phone]


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