VIN.L Regulatory News (VIN)

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

Value and Income Trust PLC

2. Reason for the notification (please state Yes/No):

An acquisition or disposal of voting rights: No

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: No

An event changing the breakdown of voting rights: No

Other: Change of account designation for holding of Matthew Alan Oakeshott and AIL Pension Scheme There has been no change in the beneficial ownership of the shares.

3. Full name of person(s) subject to the notification obligation iii:

Matthew Alan Oakeshott

4. Full name of shareholder(s) (if different from 3.): iv

5. Date of the transaction and date on which the threshold is crossed or reached: v

11/04/14

6. Date on which issuer notified:

14/04/14

7. Threshold(s) that is/are crossed or reached: vi, vii

11%

8. Notified details:

A: Voting rights attached to shares viii, ix

Resulting situation after the triggering transaction (vii)

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Total (A+B+C)

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):

Proxy Voting:

10. Name of the proxy holder:

n/a

11. Number of voting rights proxy holder will cease to hold:

n/a

12. Date on which proxy holder will cease to hold voting rights:

n/a

13. Additional information:

n/a

14. Contact name:

Marie Ross

15. Contact telephone number:

0141 206 0124