RNS Number:2790N
M&G Income Investment Company Ltd
08 July 2003


The Board wish to announce that the net asset value of the Company at 12.00pm on
the 7th July 2003 was #157.1 million

Zero dividend Shares                   =               38.08   Pence

Ordinary Shares                        =               23.06   pence

Package units                          =               84.20   pence









                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
NAVGCGDRCSGGGXI