Transaction in Own Shares

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

2 March 2009

Purchase of shares for cancellation

The Income & Growth VCT plc announces that on 27 February 2009 it purchased for
cancellation 28,858 of its Ordinary Shares at a price of 53 pence per share.

Following this purchase the Company now has 35,119,510 Ordinary Shares in
issue.