RNS Number:2722I
Henderson Geared Inc & Gwth Tst PLC
04 March 2003

HENDERSON GEARED INCOME & GROWTH TRUST PLC

HENDERSON GLOBAL INVESTORS

4 MARCH 2003









HENDERSON GEARED INCOME & GROWTH TRUST PLC

As at close of business on 3 March 2003, the unaudited terminal asset value
calculated in accordance with the AITC formula was approximately 68.0p per
income ordinary share.



This takes account of the direct costs of the Company's proposed winding up and
reconstruction and the payment of the final interim dividend but excludes any
realisation costs and the Liquidator's retention.







                                    - ENDS -



 For further information, please call:

John Hilton

Investment Trust Accounting Department

Cogent Investment Operations Limited

Tel: 020 7410 4538


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