Statement re Realisation of Original Additions

The Board of The Income & Growth VCT plc is pleased to announce that the
Company has fully realised its investment in Amaldis (2008) Limited, the
holding company for the Original Additions Group. Founded in 1978, Original
Additions manufactures and distributes market leading beauty brands for the
retail and professional markets in the UK and worldwide.

The VCT's investment in Original Additions was sold to LDC, the mid-market
private equity house that is a part of Lloyds Banking Group, for net proceeds
of £2,338,000, including interest of £427,000 and £538,000 of loan stock issued
by the acquirer, on 18 July 2011. This realisation contributed to total
proceeds of £4,204,000 to the Company over the life of the investment,
representing a 4.2 times return on the Company's original investment of £1
million.

The above net proceeds had been included in the net asset value of the Company
as at 31 March 2011, disclosed in the half-year results already announced to
shareholders on 26 May 2011, save for a further £222,000 now received.
Consequently, there is no significant impact on the NAV per share already
announced at 31 March 2011.

The Company's net asset value at 30 June 2011 is scheduled to be announced in
early August as part of the Interim Management Statement of the Company for
that quarter.

For further information, please contact:

Robert Brittain, for Matrix Private Equity Partners LLP, Company Secretary 020
3206 7000.