RNS Number:0172R
M&G Income Investment Company Ltd
17 October 2003



The Board wish to announce that the net asset value of the Company at 12.00pm on
the 16th October 2003 was #165.1 million

Zero dividend Shares             =       38.88            Pence

Ordinary Shares                  =     25.22xd            pence

Package units                    =     89.32xd            pence








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

END
NAVBGBDGCBBGGXR