The Board of Troy Income & Growth Trust plc announced the appointment of Jann Brown as a non-executive Director and Chairman of the Audit Committee of the Company with effect from January 18, 2013. She was appointed Finance Director of Cairn Energy in 2006 before becoming Managing Director and Chief Financial Officer in July 2011. She is Vice President of the Institute of Chartered Accountants of Scotland (ICAS) and is also a member of the Chartered Institute of Taxation.

Jann has served on the Boards both of listed companies and of charitable organisations. She was Senior Independent Director of Hansen Transmissions International NV until December 2011. In addition to this appointment Ian Boyd has retired from the Board following the conclusion of the Annual General Meeting held on January 18, 2013.

Ian was Audit Committee Chairman and had been a non-executive Director of the Company since May 1990.