20 October 2008


NOBLE INCOME & GROWTH VCT PLC ("the Company")


CANCELLATION OF LISTING OF THE SHARES OF
NOBLE INCOME & GROWTH VCT PLC
IN RELATION TO THE SCHEME OF RECONSTRUCTION

Further to the announcement on 17 October 2008, Noble Income & Growth VCT plc announces that following the successful
implementation of the scheme of reconstruction of the Company under Section 110 of the Insolvency Act 1986 in order to
effect a merger of the Company and Noble AIM VCT plc (the "Scheme"), the listing of the Company's Ordinary Shares on the
Official List of the UK will be cancelled at 8 a.m. this morning, 20 October 2008.
Under the Scheme, the Company was placed into members' voluntary liquidation and the assets and liabilities of the
Company have been transferred to Noble AIM VCT plc ("Noble AIM") in consideration for the issue of new ordinary shares
of 10 pence each in the capital of Noble AIM ("New Noble AIM Shares"). The total number of New Noble AIM Shares issued
to the Company's shareholders is 2,961,611, which is equal to 0.6464 shares for each ordinary share of 1 pence each in
the capital of the Company.

For enquiries relating to this announcement, please contact:

Noble Income & Growth VCT plc                               0131 225 9677
Bert Wiegman

Noble Fund Managers Limited                             0131 225 9677
Paul Jourdan/Douglas Lawson