Annex DTR3

    Notification of Transactions of Directors/Persons Discharging Managerial
    Responsibility and Connected Persons

    All relevant boxes should be completed in block capital letters.

    1.  Name of the issuer                         2.  State whether the notification relates to 
                                                       (i) a transaction notified in accordance  
                                                       with DTR 3.1.2 R;                         
                                                       (ii) a disclosure                         
                                                       made in accordance with section 793 of the
                                                       Companies Act (2006); or                  
                                                       (iii) in accordance with paragraph 26 of  
                                                       the Model Code.                           
                                                                                                 
        Finsbury Growth & Income Trust PLC             DTR 3.1.2 R                               
                                                                                                 
    3.  Name of person discharging managerial      4.  State whether notification relates to a   
        responsibilities/director                      person                                    
                                                       connected with a person discharging       
                                                       managerial responsibilities/director named
                                                       in 3 and identify the connected person    
                                                                                                 
        Nick Train                                     Mrs E Train (spouse)                      
                                                                                                 
    5.  Indicate whether the notification is in    6.  Description of shares (including class),  
        respect of a holding of the person             debentures or derivatives or financial    
        referred to in 3 or 4 above or in respect      instruments relating to shares            
        of a nonbeneficial                                                                       
        interest 1                                                                               
                                                                                                 
        The notification is in respect of the          Ordinary shares of 25p nominal value each 
        beneficial interests of Mr Train's                                                       
        children.                                                                                
                                                                                                 
    7.  Name of registered shareholders(s) and, if 8.  State the nature of the transaction       
        more than one, the number of shares held                                                 
        by each of them                                                                          
                                                                                                 
                                                                                                 
        Not stated                                     Acquisition by Mrs Train on behalf of Mr  
                                                       and Mrs Train's children.                 
                                                                                                 
    9.  Number of shares, debentures or financial  10. Percentage of issued class acquired       
        instruments relating to shares acquired        (treasury shares of that class should not 
                                                       be taken into account when calculating    
                                                       percentage)                               
                                                                                                 
                                                                                                 
        4,841 Ordinary shares                          0.004%                                    
                                                                                                 
    11. Number of shares, debentures or financial  12. Percentage of issued class disposed       
        instruments relating to shares disposed        (treasury shares of that class should not 
                                                       be taken into account when calculating    
                                                       percentage)                               
                                                                                                 
                                                                                                 
        N/A                                            N/A                                       
                                                                                                 
    13. Price per share or value of transaction    14. Date and place of transaction             
                                                                                                 
                                                                                                 
        553 pence per share                            London, 16 February 2016                  
                                                                                                 
    15. Total holding following notification and   16. Date issuer informed of transaction       
        total percentage holding following                                                       
        notification (any treasury shares should                                                 
        not be taken into account when calculating                                               
        percentage)                                                                              
                                                                                                 
        618,981 Ordinary Shares = 0.48% of the         16 February 2016                          
        issued share capital of the Company.                                                     

       

    Name of authorised official of issuer responsible for making           
    notification:                                                          
                                                                           
    Katherine Manson                                                       
    Frostrow Capital LLP                                                   
    Company Secretary                                                      
                                                                           
    Date of notification: 17 February 2016                                 

    Notes:  This form is intended for use by an issuer to make a RIS notification
    required by DR 3.3.

    (1)  An issuer making a notification in respect of a transaction       
         relating to the shares or debentures of the issuer should complete
         boxes 1 to 16, 23 and 24.                                         
                                                                           
    (2)  An issuer making a notification in respect of a derivative        
         relating the shares of the issuer should complete boxes 1 to 4, 6,
         8, 13, 14, 16, 23 and 24.                                         
                                                                           
    (3)  An issuer making a notification in respect of options granted to a
         director/person discharging managerial responsibilities should    
         complete boxes 1 to 3 and 17 to 24.                               
                                                                           
    (4)  An issuer making a notification in respect of a financial         
         instrument relating to the shares of the issuer (other than a     
         debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 
         23 and 24.