To:                   RNS

From:              Troy Income & Growth Trust plc

LEI:                  213800HLNMQ1R6VBLU75

Date:                27 April 2020

Block Listing Application

The Board announces that an application has been made to the Financial Conduct Authority and the London Stock Exchange for the block listing of 35,000,000 ordinary shares of 25 pence each in the capital of the Company which will, when issued, rank pari passu with the existing ordinary shares of the Company. The block listing will be used for the purposes of operating the discount and premium control policy of the Company and it is expected that this block listing will become effective at 8.00 a.m. on 1 May 2020.

Any shares issued in connection with this block listing application will be issued at prices which shall be a premium to net asset value and therefore will not result in a dilution of the net asset value per share of the Company.

PATAC Limited

Company Secretary

Enquiries: 0131 538 1400