RNS Number:2669H
Britannic UK Income Trust PLC
10 February 2003


Announcement Begins


Britannic UK Income Trust PLC announces that as at the close of business on 7
February 2003, the net asset values per share were as follows:

Britannic UK Income Ordinary Shares                                      0.00p

Britannic UK Income Guaranteed Income Shares                            96.47p

Britannic UK Income Zero Div Pref Shares                                 5.96p


For further information contact:


Donna Reid

Britannic Investment Managers Limited

0141 - 222 - 8257



Announcement Ends



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