RNS Number:2622N
M&G Income Investment Company Ltd
07 July 2003



07 July 2003


M&G Income Investment Company Limited

Directors Share Dealing


M&G Income Investment Company Limited (MIV) announces that it has been informed
by Richard Stormont Hughes, a director of MIV of the Purchase of the Package
units listed below. The units were purchased for his PEP, registered under the
name of Share Nominees Limited. Each Package unit is made up of 2 Ordinary
shares and 1 Zero Dividend Preference Share.

Date                            Nominal                    Price
01.07.2003                        293                    79p


Mr Hughes interests represent less than 0.1% of the Package units in issue.


Kleinwort Benson (Guernsey) Fund Services Limited

Secretary






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