Inc&gwth Vct Regulatory News (IGV)

26 March 2020

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

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulations (EU Regulation 596/2014)

Net Asset Value

The Board of The Income & Growth VCT plc together with the Investment Adviser, Mobeus Equity Partners LLP ("Mobeus"), have been monitoring the disruption caused by COVID-19 and, in particular, its impact on the Company's portfolio of companies.

Following a review of the portfolio, the Board announces that the unaudited net asset value (NAV) of the Company is 69.27 pence per share as at 24 March 2020 (unaudited NAV per share at 31 December 2019 - 76.53 pence per share). This reflected reductions generally across the portfolio which is carried at fair value as determined by the Board and advised by the Investment Adviser, Mobeus, as a result of the market conditions arising from the Coronavirus (Covid-19) pandemic, partially offset by the gain in the quarter from the sale of Turner Topco Limited which was announced on 14 February 2020.

For further information, please contact:

Robert Brittain, for Mobeus Equity Partners LLP, Company Secretary 020 7024 7616