RNS No 3393q
FINSBURY INCOME AND GROWTH INVESTMENT TRUST PLC 
17 May 1999


The Company has today been informed that Aberdeen Asset Managers Limited
purchased 409,500 income 1p shares (representing 5.12% of issued class of
capital) on 14 May 1999 on behalf of Aberdeen High Income Trust plc.

Aberdeen High Income Trust plc now holds 409,500 income 1p shares of the
Company, representing 5.12% of issued class of capital.

The total number of shares managed by Aberdeen Asset Managers Limited and its
associated companies is 1,394,500 income 1p shares, representing 17.43% of
issued class of capital. 

Breakdown as follows:

Aberdeen High Income Trust PLC                409,500        5.12%            
Aberdeen Preferred Income Trust PLC           985,000       12.31% 


END

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