RNS Number:7869S
Royal London UK Eqty&Income Tst PLC
02 December 2003


ROYAL LONDON UK EQUITY & INCOME TRUST PLC &

ROYAL LONDON UK EQUITY & INCOME SECURITIES PLC (the "Group")



10 LARGEST INVESTMENTS

In accordance with Listing Rule 21.20(l)(ii), the Group announces that at 28
November 2003, the ten largest investments in its portfolio were as follows:


Company                                                     Percentage of total
                                                                      portfolio
Vodafone Group Ord USD0.10                                                 5.66
BP Ord USD0.25                                                             5.21
GlaxoSmithKline Ord GBP0.25                                                5.13
HSBC Holdings Ord USD0.50                                                  4.25
Halifax Non-cum Pref                                                       3.12
Shell Transport & Trading Ord GBP0.25                                      2.35
Barclays plc Ord GBP0.25                                                   1.98
Abbey National 8.625% Gross Non-cum Pref GBP1.00                           1.90
Royal Bank of Scotland Group Ord GBP0.25                                   1.69
Scottish & Southern Energy Ord GBP0.50                                     1.64


BNP Paribas Secretarial Services Limited
Secretary

2 DECEMBER 2003


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