RNS Number:7879N
M&G Income Investment Company Ltd
21 July 2003


The Board wish to announce that the net asset value of the Company at 12.00pm on
the 21st July 2003 was #157.7 million

Zero dividend Shares                 =     38.19                Pence

Ordinary Shares                      =     23.18xd              pence

Package units                        =     84.55xd              pence



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

END
NAVBLGDRLDDGGXB