RNS Number:6408N
M&G Income Investment Company Ltd
16 July 2003


The Board wish to announce that the net asset value of the Company at 12.00pm on
the 16th July 2003 was #158.80 million

Zero dividend Shares                 =     38.15                Pence

Ordinary Shares                      =     23.61xd              pence

Package units                        =     85.37xd              pence




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

END
NAVBLGDRLUBGGXL